The Bank of Japan is under pressure to raise interest rates again due to rising inflation, driven by high oil prices and a weak yen increasing import costs. However, weak factory output and mixed economic signals suggest the BOJ may pause in October and consider a hike in December instead. Key inflation data due on October 23 will influence the decision, with BOJ officials signaling cautious optimism about the economy's moderate recovery. Currency pairs like USDJPY, EURJPY, and GBPJPY are closely watched for technical breaks that could indicate market direction ahead of the BOJ's October 29-30 meeting.
The Bank of Japan interest rate forecast is the focus as of Oct 18, 2026 15:41 WIB. For readers following Financials-sector US stocks on Pluang, here is the market snapshot: out of 142 priced stocks, 63 rose and 78 fell today. Notable movers include PURR at USD 9.07 with a 1-day change of -7.45% and 100% buy order activity, WULF at USD 11.68 with a -7.45% change and 56% buy order activity, and BMNR at USD 21.66 with a -7.28% change. The most notable figure is PURR's 100% buy order activity.
President Trump has sold his shares in Micron Technology and used the proceeds to invest in another large-cap company focused on artificial intelligence. This move highlights a shift in his investment strategy towards the growing AI sector, which is ...
Tesla's stock has shown significant volatility around earnings reports, moving 8% or more after 10 of its last 15 earnings announcements. This pattern highlights the market's strong reaction to Tesla's financial results, making its stock particularly...
XRP was trading at $1.2963, down 1.02% in 24 hours and 7.17% over the past week. Futures open interest stood at $2.76 billion, indicating significant trader activity, with futures volume vastly exceeding spot volume. Market contracts suggest a 50% ch...
Oruka Therapeutics is advancing as a leader in ultra-long-acting injectable treatments for psoriasis with its drug ORKA-001, which demonstrates high efficacy in clinical trials. The drug shows strong PASI 100 and PASI 90 response rates at Week 28, in...
XRP's price is hovering around $1.29 amid weakening momentum in its $2.77 billion futures market, with technical indicators favoring further downside. Despite bearish trends, oversold signals suggest a potential short-term recovery. Futures open inte...
