Core Viewpoint - The latest Consumer Price Index (CPI) data reduces the likelihood of the Reserve Bank of Australia increasing interest rates in the upcoming policy meeting [1] Group 1 - The CPI data indicates a stabilization in inflation, which alleviates pressure on monetary policy [1] - This development may influence market expectations regarding future interest rate adjustments by the Reserve Bank of Australia [1]

Core Insights - China's consumer price inflation rose to 0.7% in November, the highest level since February last year, while producer prices fell by 2.2%, indicating ongoing economic challenges [2][3][4] Economic Indicators - Consumer prices increased by 0.7% year-on-year in November, following a 0.2% rise in October, aligning with economists' expectations [2] - Producer prices experienced a decline of 2.2% in November, extending a deflationary trend into its fourth year, compared to a 2.1% drop in October [2] Economic Outlook - Economists predict that deflationary pressures will continue into the next year due to a prolonged housing downturn and weak labor market conditions, necessitating new policy measures to stimulate demand [3] - Despite a slowdown in the economy, China is on track to meet its annual growth target of "around 5%" for the year, bolstered by strong exports to non-U.S. markets [4] Policy Priorities - The Politburo has identified expanding domestic demand and rebalancing supplies as key economic priorities for 2026 [5] - Policymakers are expected to maintain an easing bias but may be less inclined towards broad-based stimulus measures, indicating a need for stronger pro-growth policies next year [6] Upcoming Events - Investors and economists are closely monitoring the upcoming Central Economic Work Conference, where key growth targets and policy priorities for the next year will be established [7]

Inflation & Currency - South Korea's consumer inflation accelerated in October due to a weaker won, increasing energy and food costs [1] Monetary Policy - The inflation data strengthens the argument for the central bank to maintain its pause in monetary easing [1] Housing Market - The central bank aims to curb a housing market rally [1]

South Korea’s consumer inflation quickened as the impact of temporary cuts to communications fees faded and food prices rose, clouding the case for the central bank to lower borrowing costs later this month https://t.co/4eX2ZnwBhZ ...

Economic Indicators - South Korea's consumer inflation slowed [1] Monetary Policy - The slowdown in inflation gives South Korea's central bank incentive to resume its rate-cut cycle [1]