Switzerland Foreign Currency Reserves rose from previous 725B to 727B in November.Switzerland Foreign Currency Reserves rose from previous 725B to 727B in November

Austria Wholesale Prices n.s.a (MoM): 0.9% (November) vs -0.3%.Austria Wholesale Prices n.s.a (MoM): 0.9% (November) vs -0.3%

Austria Wholesale Prices n.s.a (YoY): 0.9% (November) vs 0.2%.Austria Wholesale Prices n.s.a (YoY): 0.9% (November) vs 0.2%

Japan chief Cabinet secretary says taking appropriate steps on disorderly FX moves.It's just some added verbal intervention, though they can be a little bit happier surely that the Japanese yen didn't tumble further this week. It'll be the first time the currency posts back-to-back weekly gains against the dollar since August.

Eyes on Final Q3 Euro Area GDP Data.In the euro area, focus turns to wage growth and the final estimate of Q3 GDP. The data will give us the first full picture of wage developments in the third quarter, which are very important for the ECB outlook since services inflation, which is mainly determined by wages, is what currently keeps inflation from falling below target.

UK house prices stagnate in November, Halifax says.British house prices showed zero growth in monthly terms in November, figures from mortgage lender Halifax showed on Friday.

RBI rate cut, FX swap knock forwards lower; weak rupee outlook caps fall.The Indian rupee forward premiums dropped on Friday following the central bank's rate cut and forex swap, though currency traders say a softer spot trajectory should cap the downside.

Natural Gas and Oil Forecast: Rising Channels and Geopolitical Tensions Shape Prices.Geopolitical tensions and supply risks push oil higher while Natural Gas holds a rising channel. Key resistance tests signal major moves ahead.

JGB Yields Climb, BoJ Hike Bets Rise, and Yen Risks Triggering Carry Unwind.Japan remains the center of attention in an otherwise quiet Asian session, with traders focused on the relentless climb in JGB yields. The 10-year benchmark surged to a fresh 18-year high today and appears poised to challenge the psychological 2% handle soon, an escalation that is increasingly difficult for global markets to ignore.

India's Central Bank lowers rates, citing weak pockets in economic data.India's central bank lowered its benchmark policy rate by 25 basis points to 5.25% on Wednesday, matching expectations from economists. The Reserve Bank of India's monetary policy committee delivered the reduction unanimously, citing “weakness in some key economic indicators,” according to RBI governor Sanjay Malhotra.

Japan household spending slumps -3.0% yoy in October, casting doubt over strength of recovery.Japan's household spending fell sharply by -3.0% yoy in October, far below expectations for 1.1% yoy increase, and marking the steepest decline since January 2024. It was also the first annual drop in six months.

US Dollar Index (DXY) remains close to multi-week low, around 99.00 ahead of US PCE data.US Dollar Index (DXY) remains close to multi-week low, around 99.00 ahead of US PCE data

USD/JPY Falls to Support, Setting Stage for a Potential Technical Pivot.Looking at the 4-hour chart, the pair gained pace for a move below the 50% Fib retracement level of the upward move from the 152.81 swing low to the 157.89 high. There was a close below the 100 simple moving average (red, 4-hour), and the pair traded close to the 200 simple moving average (green, 4-hour).

Japan Leading Economic Index increased to 110 in October from previous 108.6.Japan Leading Economic Index increased to 110 in October from previous 108.6

Japan Coincident Index rose from previous 114.6 to 115.4 in October.Japan Coincident Index rose from previous 114.6 to 115.4 in October

Indian rupee retreats after central bank cuts rates.The Indian rupee gave up early gains on Friday after the central bank cut the interest rate by 25 basis points, in line with a consensus view that had albeit softened due to a stronger-than-expected economic growth and the currency's recent slide.

EUR/JPY softens to near 180.50 as BoJ rate hike speculation bolsters Japanese Yen.EUR/JPY softens to near 180.50 as BoJ rate hike speculation bolsters Japanese Yen

investingLive Asia-Pacific FX news wrap: Prospect of a BoJ Dec 19 rate hike firms further.Local markets traded in a relatively subdued fashion on Thursday as investors looked ahead to Friday's U.S. Personal Income and Outlays report (0830 ET), which will finally deliver the delayed September PCE and core PCE inflation readings following the government shutdown.

Indonesia Foreign Reserves up to $150.1 in November from previous $149.9.Indonesia Foreign Reserves up to $150.1 in November from previous $149.9

Rupee likely to inch up ahead of RBI decision after recovery tempers bearish run.The Indian rupee is expected to open slightly firmer on Friday ahead of the central bank's interest rate decision, supported by a brief recovery in the prior session that helped cool the recent bearish run.

In Japan, Prime Minister Takaichi tries to avoid a 'Truss shock'.As Prime Minister Sanae Takaichi was finalising her $137 billion spending plan last month, which in recent weeks has put Japan into a standoff with investors over the outlook for government finances, a bond chart was brought to her attention.

Japanese Yen holds steady as BoJ rate hike bets offset weak data; USD/JPY seems vulnerable.Japanese Yen holds steady as BoJ rate hike bets offset weak data; USD/JPY seems vulnerable

Japan's Nikkei skids in subdued Asia as bets of rate hike grow.Japan's Nikkei skidded on Friday, wiping out this week's gains amid an otherwise subdued Asian session, after weaker-than-expected spending data underscored the scourge of inflation as bets grew that the Bank of Japan would hike interest rates.

RBA to hold cash rate at 3.60% through 2026 — Reuters poll.RBA to hold cash rate at 3.60% through 2026 — Reuters poll

Japan finance minister says dialogue with BOJ governor has been positive.Japanese Finance Minister Satsuki Katayama said on Friday that communications with Bank of Japan Governor Kazuo Ueda have been positive in many ways since she took the post in October.

Japanese Yen Forecast: USD/JPY Slips on Surging JGB Yields Ahead of PCE.BoJ tightening signals lift the yen as USD/JPY tests support. Household spending data is shrugged off, leaving US PCE in focus.

Dollar hovers near five-week low on Fed rate cut bets.The U.S. dollar languished not far from a five-week low against its major peers on Friday as investors braced for a Federal Reserve rate cut next week.

Japan's Katayama says will closely monitor market developments.Japan's Katayama says will closely monitor market developments

China debt crackdown pushes LGFVs into costly shadow loans, reviving hidden-risk worries.China's crackdown on local-government borrowing is pushing even wealthy provinces back into the shadow-banking market, where state-run entities are taking on high-cost loans to plug funding gaps.

AUD/JPY outlook: Bullish signals clash with rising bond risks.AUD/JPY has reclaimed its role as a risk proxy, surging on low volatility and widening yield spreads to levels last seen in mid-2024. Correlations with equities and volatility indices confirm the pair's sensitivity to risk appetite, but rising global bond yields cast a shadow over the bullish narrative.