November CPI hits 2.7%, but economists warn of distortions. Traders eye potential Fed pivot amid sticky inflation fears.
Bitcoin dips below $85K, triggering $550M liquidations. Altcoins dump 5%+, traders eye $80K support. Risk-off sentiment prevails.
Japan core CPI holds at 3.0% in November, market focus remains on BoJ guidance rather than the data itself, though persistent price pressures continue to underpin the case for gradual tightening.
Nikkei 225 futures show mixed price action with significant volume drops; traders eye open interest shifts.
1.45M US service members get $1,776 tax-free 'Warrior Dividend'. Funding source uncertain: tariffs or new bill?
Wanxiang America settles $30M tariff case, ending 10 yrs litigation. Underpaid duties on auto parts.
Goldman Sachs says the latest U.S. CPI print is unlikely to shift Fed policy, arguing officials will focus on December inflation data ahead of January. The bank estimates core PCE inflation cooled to around 2.66% y/y in November.
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