The global economy is witnessing significant fluctuations on November 29, impacting international financial and political markets.

Yen Surges Amid Interest Rate Expectations
The Japanese yen strengthened, with the USD/JPY exchange rate dropping below 150, driven by expectations that the Bank of Japan (BoJ) will raise interest rates in December. Inflation in Tokyo exceeded expectations in November, reinforcing this possibility. The yen has gained nearly 3% this week, a positive sign for Japan’s economy amid rising global risks.

Russia Warns of Using “Hazel” Missiles
The Russia-Ukraine tensions continue to escalate as Russian President Vladimir Putin announced the potential use of “Hazel” missiles to strike “decision centers” in Kyiv. Russian airstrikes on Ukraine’s energy infrastructure have caused widespread power outages. This situation has raised concerns among investors about the negative impacts on the global economy.

Gold Prices Steady After Strong Gains
Gold prices edged up to $2,660 per ounce, maintaining its role as a safe-haven asset amid international financial market instability. The gold market remained stable due to the Thanksgiving holiday in the U.S. but continued to attract investor interest.

Bitcoin Maintains Growth Trend
Bitcoin stands at $95,813, down 0.5% over the past 24 hours. The trading volume of the world’s largest cryptocurrency by market cap reached $11.6 billion.

High Inflation in Europe
Inflation in the euro area reached 5.7%, exceeding the European Central Bank’s (ECB) target. Rising energy and food prices may prompt the ECB to continue tightening monetary policy, putting significant pressure on economies in the region.

Conclusion
Global economic fluctuations, from exchange rates and cryptocurrencies to gold and geopolitical tensions, are creating both challenges and opportunities. This is a critical time for investors, businesses, and governments to adjust strategies to adapt to a volatile economic environment.