Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Austan Goolsbee Signals Potential for More Fed Rate Cuts as Inflation Shows Improvement 
Asian Markets Rebound as Tech Rally Lifts Wall Street, Investors Brace for BOJ Rate Hike 
Japan Inflation Holds Firm in November as BOJ Nears Key Rate Hike Decision 
Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts 
EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls 
Asian Fund Managers Turn More Optimistic on Growth but Curb Equity Return Expectations: BofA Survey 
U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness 
Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes 
Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks 
BoE Set to Cut Rates as UK Inflation Slows, but Further Easing Likely Limited 
The Japanese government bonds remained narrowly mixed towards the end of trading week Thursday after the Bank of Japan (BoJ) trimmed the country’s 2019 inflation outlook at its monetary policy meeting held yesterday amid concerns over global growth following statistics revealed by the International Monetary Fund (IMF) off late.
The yield on the benchmark 10-year JGB note, which moves inversely to its price, rose 1 basis point to 0.009 percent, the yield on the long-term 30-year note hovered around 0.664 percent while the yield on short-term 2-year plunged 16 basis points to -0.159 percent by 05:30GMT.
In the BoJ’s quarterly outlook report, the bank lowered its forecast for consumer prices excluding fresh food — a gauge known as core inflation — to rise by between 1 percent and 1.3 percent year on year in 2019, down from a range of 1.5 percent to 1.7 percent it outlined in October, besides, keeping interest rates on hold at -0.1 percent by a 7-2 vote.
After the International Monetary Fund (IMF) announced that it had revised down its estimates for global growth on Monday, markets have remained on edge as concerns surrounding key topics continue to rumble on. Aside from the uncertainty surrounding Brexit, investors in the U.S. continue to monitor developments between China and the U.S., in regards to trade, CNBC reported.
Meanwhile, the Nikkei 225 index closed tad lower at 20,581.50 by 05:35GMT, while at 05:00GMT, the FxWirePro's Hourly JPY Strength Index remained neutral at -12.72 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex
