RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Indonesia Aims to Strengthen Rupiah as Central Bank Targets 16,400–16,500 Level 
BOJ Seen Moving Toward December Rate Hike as Yen Slides 
Gold Prices Fall Amid Rate Jitters; Copper Steady as China Stimulus Eyed 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
RBA Reassesses Pricing Behaviors and Policy Impact Amid Inflation Pressures 
BOJ’s Kazuo Ueda Signals Potential Interest Rate Hike as Economic Outlook Improves 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Germany’s Economic Recovery Slows as Trade Tensions and Rising Costs Weigh on Growth 
According to recent data from Japan's Ministry of Health, Labour and Welfare, December's bonus payments declined 0.4% below that of 2014, shattering the Japanese central bankers' hopes of re-inflation. Further the summer bonus payment failed to impress, while regular salaries did not increased over the previous years.
The recent BoJ's monetary policy effect has faded away from the FX market. While the central bank has a number of measures at its disposal to tackle the situation including QE and rate policy among others, markets now clearly see the exchange rate as the only monetary policy measure left with the central bank. The BoJ will have no other option other than devaluating the yen.
