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Tuesday saw the yen battered and near a 30-year low against the dollar, contrasting sharply with higher long-term rates elsewhere due to the BOJ's QE.
In September, consumer prices increased 3.7% YoY, matching August's gain and slightly surpassing economists' 3.6% forecast.
Wall Street rallied despite Powell's inflationary remarks; European shares fell from three-week highs on a luxury stock decline.
Gold flat, set for the worst week in a month due to a strong dollar, Treasury yields post-Fed Chair Powell's hawkish comments.
Gold prices rose as Treasury yields dipped. It had the largest daily loss since October 2 and fell for three consecutive days.
Oil prices fell to a 3-month low, down over 4%, due to rising OPEC exports and a murky demand outlook, prompting market concerns.
Oil prices fell on Tuesday, erasing most prior gains amid renewed demand worries. Saudi Arabia and Russia confirmed extra supply cuts until year-end.
Gold rose as weak job data reinforced the belief that the Fed might have peaked in raising rates, causing the US dollar and Treasury yields to fall.
Wall Street's main indexes surged by 2%, and European shares rose over 1% on Thursday as central banks paused tightening.
Nonfarm payrolls rose by 336,000 in September, surpassing the Dow Jones forecast of 170,000 and exceeding the prior month by over 100,000.
Oil markets are tense due to the Middle East conflict. The Fed maintains rates, and economic data hints at a slowdown.
To curb surging inflation, the Fed has hiked rates 11 times since March 2022, with a September pause. Powell stays cautious about ending the battle.
Gold opened lower on Wednesday ahead of the Fed meeting. Bullion saw its best performance in October since March thanks to the Israel-Hamas conflict.
Oil prices rebounded on Tuesday, recovering from a 3% drop the previous day. Concerns about supply disruptions due to the Israel-Hamas conflict eased.
