海外高频 | 日央行如期加息，美国11月非农、CPI弱于预期（申万宏观·赵伟团队）

Key Points - The article discusses the recent economic developments, including the Bank of Japan's interest rate hike and weaker-than-expected U.S. non-farm payroll and CPI data [2][64][76] - The Japanese government has approved a significant economic stimulus plan amounting to 18.3 trillion yen (approximately 118 billion USD), marking a 31% increase from the previous year's budget [64] - The U.S. unemployment rate rose to 4.6% in November, with non-farm payrolls adding 64,000 jobs, which was above market expectations [74] - The U.S. CPI for November was reported at 2.7% year-on-year, significantly below market expectations, influenced by data quality issues due to the government shutdown [76] Asset Classes & Overseas Events & Data Asset Classes - The Japanese yen depreciated rapidly, while COMEX silver saw a significant increase [2] - Major stock indices in developed markets showed mixed performance, with the S&P 500 up 0.1% and the Nasdaq up 0.5% [3] - The WTI crude oil price decreased by 1.6% to 56.5 USD per barrel, while COMEX gold increased by 1.2% to 4,354.0 USD per ounce [2][45] Economic Data - The U.S. unemployment rate increased to 4.6%, with non-farm payrolls adding 64,000 jobs in November, surpassing expectations [74] - The CPI for November was reported at 2.7%, significantly lower than expected, with core CPI at 2.6% [76] - The Bank of Japan raised interest rates by 25 basis points, while the European Central Bank maintained its rates [2][64] Commodity Prices - Most commodity prices saw increases, with WTI crude oil down 1.6% and COMEX silver up 9.4% [45][52] - The prices of various metals, including LME copper and aluminum, also increased [52]