Germany's wholesale prices rise 0.4% in October, easing from prior month's 1.9% jump
Germany's October wholesale price index rose 0.4% month-on-month, easing from a 1.9% gain in September.
The PBOC set the yuan's daily midpoint at 6.7191 per dollar, higher than the 6.6855 estimate, and injected 187 billion yuan via reverse repos.
The People's Bank of China permits the yuan to trade within a 2% band on either side of the daily fixing.
The People's Bank of China also conducted 187 billion yuan in overnight reverse repo operations at a 1.25% rate.
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Germany's October wholesale price index rose 0.4% month-on-month, easing from a 1.9% gain in September.
Growing Fed rate hike bets rocked Asian markets, with JGB yields rising, yen near 160, and bitcoin below $69,000.
Treasury yields climbed back to multi-year highs this week, reviving fears of sticky inflation and fiscal deficits that had been pushed aside.
New York Fed President John Williams said inflation remains too high and the Fed needs to tighten further, supporting expectations for a December rate hike.