日本通胀持续升温 日本央行陷两难境地

Group 1 - The core inflation rate in Japan rose to 3% in October, marking the fastest increase since July and reinforcing the case for a potential interest rate hike by the Bank of Japan [1] - Japan's inflation has exceeded the central bank's target for 43 consecutive months, with the core inflation rate excluding fresh food prices meeting market expectations at 3% [1] - The overall inflation rate also reached 3%, while the core inflation rate excluding fresh food and energy slightly increased to 3.1% from 3% in September [1] Group 2 - Japan's GDP contracted by 0.4% in the three months ending in September, marking the first shrinkage in six quarters, with an annualized decline of 1.8% [2] - The Bank of Japan is facing a dilemma as inflation remains above policy targets while GDP growth is weakening due to U.S. tariff impacts [2] Group 3 - Technical analysis indicates a slight overbought signal for the USD/JPY pair, suggesting traders may be cautious about establishing new bullish positions [3] - Immediate support for any corrective decline is expected just below the 157.00 level, with further support at the 156.65-156.60 range [3] - If the USD/JPY breaks above 158.00, it may further rise towards the 158.50 resistance area, potentially challenging the early January high near 159.00 [3]