Economic

The RBA Monetary Policy Board decided to raise the cash rate by 25bps to 3.85% this week, in line with economist and market expectations. Justifying the decision, the Board stated that inflation had "picked up materially" against a backdrop of "greater momentum in demand".

Bitcoin tumbled nearly 9% while Asian equities mostly weakened, as a renewed selloff in U.S. technology stocks dragged global risk sentiment lower and erased much of the optimism built earlier in the year....

Asian stock markets retreated as a deepening technology selloff weighed on sentiment, while Indonesian assets came under sharp pressure after a negative shift in the country’s credit outlook intensified investor concerns....

Polls suggest Japan’s ruling coalition led by Prime Minister Sanae Takaichi is heading toward a decisive Lower House victory, potentially restoring full legislative control after a year of political setbacks and elevating the stakes of this weekend’s snap election....

India’s central bank kept policy rates unchanged at 5.25%, signaling a likely prolonged pause as recent trade agreements with the U.S. and the EU ease external risks and reinforce confidence in India’s medium-term growth trajectory....

Silver’s volatility has surged beyond 100% in the near term, eroding market confidence and raising questions about where prices may stabilize, even as major banks argue that longer-term fundamentals remain intact despite elevated short-term risks.....

Silver prices experienced one of the most violent swings in decades as thin liquidity magnified selling pressure, while Bitcoin fell sharply below $70,000, highlighting rising instability across both traditional and digital asset markets....

Japan’s largest banks are preparing to gradually increase their Japanese government bond holdings as yields stabilize and income prospects improve, even as unrealized losses on existing bond portfolios remain elevated....

Bitcoin fell sharply and Asian markets weakened after heavy losses in U.S. technology stocks reignited global risk aversion, dragging cryptocurrencies and equities lower at the same time.....