Japan services inflation splits as BOJ decision looms Friday
- —September SPPI at 3.7% vs revised 3.5% in August
- —Ex-transport reading steady at 2.9%; labor-intensive services at 2.6%
- —BOJ holds rate near 1.25%, decision due October 30
- —Crypto risk runs through yen funding costs and currency strength
Why it matters: A tighter BOJ path would raise yen funding costs and could force leveraged investors to cut risk, including bitcoin exposure.
Source: CryptoSlate