The yen rallied Friday after forecast-busting inflation data out of Tokyo boosted talk of another Japanese interest rate cut next month, while equity markets were mixed as traders weigh the economic outlook during a second Trump administration.

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Eurozone stock markets rebounded Thursday as France's political stand-off showed signs of easing, while Chinese equities fell despite reports the United States may be less stringent than feared with its curb on tech equipment to China. 

Mortgage interest rates are likely to remain about the same in December, with the 30-year fixed-rate home loan staying between 6.75% and 7%.Except for some volatility during the week after the election, mortgage rates were fairly steady in November, as economic indicators didn't pull any surprises. The inflation rate landed within expectations. The Federal Reserve...

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US inflation -- set to be a key issue for incoming president Donald Trump -- accelerated slightly last month, according to data published Wednesday, underscoring price pressures in the world's largest economy.

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New home sales in the United States fell short of analyst expectations in October, hitting the lowest rate since late 2022, according to government data released Tuesday, with mortgage rates ticking up during the month.