Your Daily Brief For October 28th

Your Daily Brief For October 28th

about 1 month ago1 min

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Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll look at Japan's surprise inflation figures.

"After lying low for the last four months, inflation in Tokyo leaped into action in October – and markets are now wondering if the Bank of Japan might be forced to break away from its inflation-fighting tactics."

Key takeaways:

  • Inflation in Tokyo jumped out from the shadows in October, taking the country’s central bank by surprise
  • Sanofi's shares took a beating after the French pharmaceutical company stepped away from its 2025 profit targets in favor of plans to spin off its consumer healthcare business
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