Asian Stocks Slip as Tech Rout Deepens, Japan Steadies Ahead of Election 
Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm 
Australian Household Spending Dips in December as RBA Tightens Policy 
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data 
Yen Slides as Japan Election Boosts Fiscal Stimulus Expectations 
Global Markets Slide as AI, Crypto, and Precious Metals Face Heightened Volatility 
Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility 
Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength 
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 
Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market 
German Finance Minister Wolfgang Schaeuble in its latest speech called on the bank to unwind ‘ultra-expansionary policy’ in 2017. While the bloc’s inflation quickened to a three-year high of 1.1 percent y/y in December 2016, Germany’s gauge accelerated to 1.7 percent y/y. Bundesbank cautioned that inflation could reach 2 percent in January 2017, given the firm growth momentum.
ECB President Mario Draghi at the central bank's January meeting repeatedly pointed out that he and his colleagues were particularly keen to ensure that the rise in inflation was “sustainable”. Without a rise in core inflation from current levels just below 1 percent the ECB will have to stick to its ultra-expansionary monetary policy.
Meanwhile, forward Eonia bank-to-bank rates dated for the ECB meeting on Jan. 25, 2018 have risen to around minus 0.30 percent, some 5 basis points above the overnight rate of minus 0.35 percent. According to analysts this gap suggests markets are pricing in around a 50 percent chance of a 10 basis point hike in the ECB's minus 0.40 percent deposit rate by next January.
