Follow the latest analyses and key economic, financial, and global market news in this section. Our team reviews the most important market events daily and provides comprehensive insights for traders and enthusiasts.
FTSE 100: ⬆️ Buy FTSE 100 broke round resistance level 9330.00 Likely to rise to resistance level 9612.00 FTSE 100 index recently broke the resistance level 9330.00, which stopped the previous impulse waves (5) and (1). The breakout of the resistance level 9330.00 accelerated the active intermediate impulse wave (3) from September – which then […]
The post FTSE 100 Wave Analysis appeared first on Action Forex.
China tightens rare-earth export rules, imposes new dual-use licensing from December 1
China has announced sweeping new restrictions on rare-earth exports, requiring both foreign and domestic companies to obtain special licences for items with potential military applications, in a move that underscores tightening controls over materials critical to global technology and defence supply chains.
The Ministry of Commerce said that from December 1, foreign firms and individuals seeking to export rare-earth products classified as “dual-use items” — materials with both civilian and military applications — must first secure a dual-use items export licence. Domestic exporters will also be required to declare the final destination country or region of shipments.
In addition, the ministry said exports related to the design, development, production or use of weapons of mass destruction will not be approved, with that restriction taking immediate effect. Export applications to overseas military users and to importers or end-users on official watchlists will also be rejected in principle.
The announcement comes amid heightened geopolitical competition over control of critical minerals used in semiconductors, electric vehicles, magnets, and advanced defence systems. China dominates global rare-earth production and has in recent years used export curbs as leverage in technology and trade disputes.
Analysts said the latest measures could further strain supply chains and accelerate efforts by the U.S., Japan, and Europe to diversify sourcing and processing capacity for rare-earth elements.
More:
This article was written by Eamonn Sheridan at investinglive.com.
Log in to today’s North American session Market wrap for October 8 Today’s session saw the continuation of the weekly flows, with the US Dollar higher and Gold breaking new milestones. The US-Canada deal seems to be getting closer from the recent remarks made by Canada’s Carney. US Equities sparked a huge reversal higher with […]
The post Canada Deal and Peace in the Middle East appeared first on Action Forex.
Former Bank of Japan Deputy Governor Masazumi Wakatabe said the central bank could raise interest rates if inflation expectations continue to rise and push up underlying price pressures, but warned that another hike this year would be hard to justify given weak economic momentum.
In an interview with Reuters, Wakatabe—long seen as a monetary policy dove—endorsed the BOJ’s cautious approach to normalisation, saying rate hikes should depend on steady economic improvement and a sustainable path to the 2% inflation target. He pointed to soft data, a stagnating labour market, and the risk of negative third-quarter GDP, suggesting little case for tightening at the December policy meeting.
While noting the BOJ must coordinate closely with the government of incoming prime minister Sanae Takaichi, he said the bank need not keep rates low simply to finance fiscal spending. “If inflation expectations rise and push up underlying inflation, the BOJ can raise interest rates — it needs to do so to prevent overheating,” he said.
Wakatabe, who served as deputy governor until 2023 and remains close to Takaichi, said the bank has made no commitment to a specific timetable for further hikes. The yen recently hit an eight-month low after markets interpreted Takaichi’s leadership win as reducing the likelihood of near-term tightening.
This article was written by Eamonn Sheridan at investinglive.com.
People’s Bank of China USD/CNY reference rate is due around 0115 GMT.
The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate within a certain range, called a “band,” around a central reference rate, or “midpoint.” It’s currently at +/- 2%.
How the process works:
This article was written by Eamonn Sheridan at investinglive.com.
Australian Melbourne Institute survey of consumer inflation expectations for October 2025 4.8%
The latest figure of 4.8 % is up slightly from 4.7 % in September.
Historically, inflation expectations in recent years generally fluctuated in the 3–5 % range, so 4.8 % is toward the upper end of recent norms, though not unprecedented.
The fact that expectations are rising — rather than continuing a downward descent — suggests households may be becoming more alert to persistent inflation pressures.
—
Higher expectations make it harder for the Reserve Bank of Australia (RBA) to anchor inflation expectations, potentially reducing its flexibility to ease rates.
If consumers expect inflation near 5%, that may influence wage demands, pricing behavior, and cost-of-living adjustments.
—
This is a monthly survey run by the Melbourne Institute (University of Melbourne)
It is part of a broader Macroeconomic Reports series that also covers wage expectations, consumer sentiment, and other indicators.
This article was written by Eamonn Sheridan at investinglive.com.
End of content
End of content