Politics

Adds that "an adjustment towards yen appreciation is necessary". That throws the ball to Tokyo's court. Oof.

The chief of Japan's most influential business lobby Keidanren has come out to say that the yen currency depreciation "has gone a bit too far".

European stock futures slightly higher after the steady showing yesterday. Wall St recovery also helping the mood but US futures are more tepid ahead of CPI later. Eurostoxx futures +0.2%, DAX futures +0.2%, CAC 40 futures +0.1%, UK FTSE futures flat

Trump's 25% Iran tariff threat rattles global trade; China, India, Turkey face potential impact on $22B+ exports.

BTC hovers near $90K, ETH above $3K as altcoins like SUI and STORY rally on unlocks, not fundamentals. Traders rotate.

December CPI could surprise markets, potentially derailing Fed rate cuts. Traders eye inflation data for volatility.

Summit Properties snaps up 5,100 NYC apts post-bankruptcy auction; Mamdani's renter intervention blocked.