Other news

U.S. inflation data was expected to be tougher, but it was better. In combination with a broad dollar selloff, it led to sharp fluctuations in the yen.

The Swiss National Bank (SNB) may raise interest rates again with the purpose of fighting inflation, which remains at a quite high level. The bank pursues the target rate from 0% to 2%.

According to the President of the Deutsche Bundesbank Joachim Nagel, the European Central Bank (ECB) must take tough measures in order to combat inflation, which is at a record high level.

South Korea's Posco Chemical may receive investment from Ford Motor, General Motors and Stellantis to develop plants to produce battery materials

According to a former employee of the BOJ, Governor Haruhiko Kuroda is due to step down his post in April next year. This raises the question for the central bank about its policy choices for the near future.

On Thursday, the U.S.Treasury Department announced that the US government recorded a monthly budget deficit in October. The US budget deficit accounts for a total of $88 billion a month.

On Friday, cryptocurrency prices dropped, although other volatile assets became more expensive despite the inflation in the USA. This is a domino effect provoked by the fall of FXT.

Amazon.com Inc. shares jumped 12% as Chief Executive Officer Andy Jassy has begun to review costs of the corporation. It is a part of the programme aimed at streamlining the global e-commerce leader.

On Thursday, Patrick Harker made a statement concerning the pace of the Fed's rate hikes.

Wholesale prices in Japan rose 9.1% in October, being higher than a year ago but still below the previous month's peak. Price hikes continue to be steady, as the yen weakening contributes to rising import costs of raw materials for companies.