At 01:30 (GMT+2), the Tokyo region Consumer Price Index Data for October will be released. It is the main indicator of the level of inflation in the region and determines changes in retail prices for a certain basket of goods and services (food, transport, utility costs, healthcare, etc.), and also has a significant impact on decisions on monetary policy. The year-on-year figure is expected to rise from 2.5% to 2.7%, and the core figure — from 2.5% to 2.6%. Overall, inflation pressures are likely to remain above the Bank of Japan's target, giving policymakers additional leverage to raise interest rates and potentially strengthening the yen.
