Yen Extends Gains as BOJ Rate Hike Bets Rise 
Australia Trade Surplus Beats Forecasts in July as Exports Fall 
Bessent Urges Japan on Fiscal Discipline, BOJ Rate Hikes 
FTSE 100 Falls as US-Iran Conflict Drives Oil Prices Higher 
India Manufacturing Growth Slows to Five-Year Low in August 
Global Markets Brace for Fed Rate Hike as Oil Tops $91 
Bank of England Sees Surge in Higher-Risk Collateral 
China Services PMI Beats Forecasts as Domestic Demand Improves 
South Korea Inflation Rises to 3.1% in August 
Oil Prices Rise as US-Iran Conflict Threatens Middle East Supply 
Dollar Hits Two-Week High as Iran Conflict Lifts Oil and Bond Yields 
Australia Current Account Deficit Widens to A$27.2 Billion 
Oil Prices Rise as U.S.-Iran Fighting Fuels Supply Fears 
India Services PMI Rises to 54.1 as Hiring Accelerates 
South Korea Unveils Record $597 Billion 2027 Budget to Boost AI and Chips 
European Stocks Edge Higher as Bond Yields Ease 
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In November 2024, China's Consumer Price Index (CPI) increased by 0.2% compared to the same month last year. This is a drop from a 0.3% increase in October and is lower than what economists expected, which was a 0.4% rise. This situation shows that consumer demand is still weak despite efforts from the government to boost the economy.
Additionally, the Producer Price Index (PPI) indicates ongoing price drops in factory goods. It fell by 2.5% compared to last year, which is better than the 2.9% drop in October. This marks the 26th month in which producer prices have fallen, showing ongoing problems in manufacturing and the economy as a whole.
