PropMarketCapFRESHMacroeconomics and central banks
Japanese factory prices +7.1% vs 6.5% forecast: markets see carry-trade risk
Japanese producer output prices rose 7.1% year-on-year in October instead of the expected 6.5%. This increases pressure on the Bank of Japan to raise the rate on December 17-18 - the third time in a calendar year, something that has not happened since 1989.