Financial Markets Update 16 December 2025
BTC & Eth take the hit as NASDAQ rolls over
News Overnight
Canadian CPI continues to be way too high and is going to be a real problem if it keeps rising. The real shocker yesterday was Chinese housing and investment. Sentiment has shifted from optimistic, after Powell’s presser, to negative as the implications for the broader economy sink in. Everywhere there is bad news and for now, bad news is bad news.
Breaking
Fed decisions distorted by ‘phantom inflation’, says Stephen Miran [FT]
Delayed US employment, CPI reports are due this week, with many gaps [Reuters]
Japan business mood hits 4-year high, keeps BOJ rate-hike view alive [Reuters]
Bank of Japan: Drama builds around this week’s rate hike [investing.com]



