Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
Bitcoin Smashes $93K as Institutions Pile In – $100K Next? 
Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K 
Fed Officials Split as Powell Weighs December Interest Rate Cut 
RBA Signals Possible Rate Implications as Inflation Proves More Persistent 
BOJ Signals Possible December Rate Hike as Yen Weakness Raises Inflation Risks 
Brazil Central Bank Plans $2 Billion Dollar Auctions to Support FX Liquidity 
Bank of Korea Holds Interest Rates Steady as Weak Won Limits Policy Flexibility 
Further easing from European Central Bank (ECB) is posing new bigger threat to Japanese economy as it would push the competitiveness of European products ahead of Japan.
European Central Bank (ECB) is taking a more aggressive stance while Bank of Japan (BOJ) is shying away from further policy easing. That puts Euro in clearly weaker spot against Yen.
Further erosion of Yen's competitive advantage is likely to put Nikkei in tough spot, which is down close to 1% today and more than 6.5% in last three months. Nikkei CFD is currently trading at 18800.
Euro today has fallen to seven week low against Yen.
Technically speaking, Euro is in a downward channel against yen since June and price is now drifting lower from range high. Euro is currently trading at 133.1 against Yen, further drift down of about 200-250 pips in the very near term very much likely.
Focus is on monetary policies from FED on 28th and Bank of Japan on 30th.
