🟢 Market Update - Japan Inflation & Carry Trade Risk In a few hours, Japan releases its latest CPI figures, one of the final major macro events of the week. Why does it matter for crypto and global risk assets? Japan’s inflation outlook directly influences expectations for further Bank of Japan rate hikes. A hotter-than-expected print could strengthen the JPY and accelerate expectations for additional monetary tightening. That combination could put pressure on yen-funded carry trades, potentially triggering deleveraging across global markets. With the BoJ meeting approaching on October 30, tonight’s release deserves attention. I’ll be watching USD/JPY, Japanese government bond yields and BTC price action closely. NFA. DYOR ⚡️