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Market Talk Roundup: Eurozone Inflation Rises, But ECB Still Expected to Cut Rates
Eurozone Inflation up to 2% in October as Unemployment Hits New Record Low
EUR/JPY Recovers Some Intraday Losses After BoJ Ueda's Cautious Remarks
Eurozone inflation accelerated in October, with the harmonized CPI up 2% year-on-year, exceeding expectations.
Today's slightly higher-than-expected inflation data, combined with yesterday's release of economic data in Europe exceeding expectations, have led investors to already reduce bets on a larger interest rate cut by the European Central Bank in 2024.
Japan Shares Decline After Central Bank Keeps Rates Steady, Investors Eye US Elections
Eurozone Inflation Climbs Back to Target as ECB Primes New Rate Cut -- Second Update