Australia’s Corporate Regulator Urges Pension Funds to Boost Technology Investment as Industry Grows 
Japan Services Sector Records Fastest Growth in Nearly a Year as Private Activity Accelerates 
Oil Prices Slip as U.S.–Iran Talks Ease Supply Disruption Fears 
Gold, Silver, and Platinum Rally as Precious Metals Recover from Sharp Selloff 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
RBA Expected to Raise Interest Rates by 25 Basis Points in February, ANZ Forecast Says 
Bank of England Expected to Hold Interest Rates at 3.75% as Inflation Remains Elevated 
China and Uruguay Strengthen Strategic Partnership Amid Shifting Global Order 
Bank of Japan Signals Cautious Path Toward Further Rate Hikes Amid Yen Weakness 
China Holds Loan Prime Rates Steady in January as Market Expectations Align 
Japan’s Agricultural, Forestry and Fishery Exports Hit Record High in 2025 Despite Tariffs 
Inflation expectations are soaring across the developed world. After the United Kingdom opted out of the European Union in the June referendum, exchange rate declined sharply and gave rise to the inflation expectations; consumer inflation expectation has jumped to 2.75 percent in the UK for the year 2017. While there has been no Brexit in the Eurozone or in the United States, rising commodity prices are giving rise to the concerns and the effects of easy money seem to be kicking in.
In the United States, 5-year 5-year (5y-5y) forward inflation expectations have reached to 1.97 percent in November. That is the highest level since August last year. Similarly, in Eurozone, European Central Bank’s (ECB) preferred gauge 5y-5y forward inflation expectations have reached more than 1.5 percent this month, which is the highest level in eight months.
Concerns have already started surfacing with regard to central bank’s stimulus measures. The market is preparing for a rate hike from the US Federal Reserve in December and lower stimulus from the ECB, when the current measures of bond buying expire in March next year.
