{"id":55666,"date":"2025-11-06T11:38:30","date_gmt":"2025-11-06T15:38:30","guid":{"rendered":"https:\/\/stockmarketwatch.com\/stock-market-news\/global-markets-react-to-jpmorgans-bitcoin-outlook-shifting-inflation-signals-and-critical-mineral-designations\/55666\/"},"modified":"2025-11-06T11:38:30","modified_gmt":"2025-11-06T15:38:30","slug":"global-markets-react-to-jpmorgans-bitcoin-outlook-shifting-inflation-signals-and-critical-mineral-designations","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-jpmorgans-bitcoin-outlook-shifting-inflation-signals-and-critical-mineral-designations\/55666\/","title":{"rendered":"Global Markets React to JPMorgan&#8217;s Bitcoin Outlook, Shifting Inflation Signals, and Critical Mineral Designations"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-jpmorgans-bitcoin-outlook-shifting-inflation-signals-and-critical-mineral-designations\/55666\/#Key_Takeaways\" >Key Takeaways<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-jpmorgans-bitcoin-outlook-shifting-inflation-signals-and-critical-mineral-designations\/55666\/#JPMorgan_Sees_Significant_Upside_for_Bitcoin\" >JPMorgan Sees Significant Upside for Bitcoin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-jpmorgans-bitcoin-outlook-shifting-inflation-signals-and-critical-mineral-designations\/55666\/#Riksbank_Signals_Easing_Inflation_Despite_October_Blip\" >Riksbank Signals Easing Inflation Despite October Blip<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-jpmorgans-bitcoin-outlook-shifting-inflation-signals-and-critical-mineral-designations\/55666\/#China_Calls_for_Removal_of_Green_Trade_Barriers_at_COP30\" >China Calls for Removal of Green Trade Barriers at COP30<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-jpmorgans-bitcoin-outlook-shifting-inflation-signals-and-critical-mineral-designations\/55666\/#Canadian_Business_Activity_Slows_as_Ivey_PMI_Declines\" >Canadian Business Activity Slows as Ivey PMI Declines<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-react-to-jpmorgans-bitcoin-outlook-shifting-inflation-signals-and-critical-mineral-designations\/55666\/#USGS_Designates_Copper_Silver_and_Potash_as_Critical_Minerals\" >USGS Designates Copper, Silver, and Potash as Critical Minerals<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>JPMorgan (<a href=\"\/stock\/JPM\">JPM<\/a>) analysts predict Bitcoin (<a href=\"\/stock\/BTC\">BTC<\/a>) could surge to $170,000 within the next 6-12 months<\/strong>, citing completed deleveraging in perpetual futures and its historical undervaluation compared to <a href=\"https:\/\/stockmarketwatch.com\/metal\/gold-price.aspx\" data-internallinksmanager029f6b8e52c=\"4\" title=\"gold price today\">gold<\/a>.<\/li>\n<li><strong>The Riksbank acknowledges October inflation was &quot;a little higher than expected&quot; but maintains its view that overall inflation is easing and transitory<\/strong>, keeping its policy rate unchanged at 1.75%.<\/li>\n<li><strong>China&#39;s Vice Premier Ding Xuexiang called for the removal of trade barriers hindering the global green transition<\/strong> at the COP30 climate summit, emphasizing multilateralism and the free flow of green technologies.<\/li>\n<li><strong>Canada&#39;s Ivey Purchasing Managers&#39; Index (PMI) for October sharply declined to 52.4 from 59.8<\/strong>, missing forecasts and signaling a notable slowdown in business activity.<\/li>\n<li><strong>The U.S. Geological Survey (USGS) has added copper, <a href=\"https:\/\/stockmarketwatch.com\/metal\/silver-price.aspx\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">silver<\/a>, and potash to its 2025 Critical Minerals List<\/strong>, underscoring their strategic importance for national security and economic stability.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"JPMorgan_Sees_Significant_Upside_for_Bitcoin\"><\/span>JPMorgan Sees Significant Upside for Bitcoin<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>JPMorgan Chase &amp; Co. (<a href=\"\/stock\/JPM\">JPM<\/a>)<\/strong> analysts are forecasting a substantial rally for <strong>Bitcoin (<a href=\"\/stock\/BTC\">BTC<\/a>)<\/strong>, predicting the cryptocurrency could reach <strong>$170,000<\/strong> over the next six to twelve months. This optimistic outlook is attributed to the belief that the deleveraging phase in perpetual futures markets is largely complete, following significant liquidations on October 10 and November 3. Analysts, led by Nikolaos Panigirtzoglou, also highlight Bitcoin&#39;s historical undervaluation compared to gold, particularly as its volatility ratio to gold has fallen below 2.0, making it a more attractive asset on a risk-adjusted basis. The recent market corrections, including a nearly 20% drop from recent highs, are viewed as technical events rather than fundamental shifts, paving the way for <em>significant upside<\/em>.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Riksbank_Signals_Easing_Inflation_Despite_October_Blip\"><\/span>Riksbank Signals Easing Inflation Despite October Blip<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Riksbank<\/strong> Deputy Governor Per Jansson indicated that the <em>overall impression is that inflation is easing<\/em>, even though October inflation figures were &quot;a little higher than expected.&quot; The Swedish central bank anticipates a continued decline in inflation over the next six months, reinforcing its assessment that the current elevated inflation is <em>transitory<\/em>. The Riksbank recently decided to keep its policy rate unchanged at <strong>1.75%<\/strong>, a level it expects to maintain for some time, effective from November 12, 2025. This decision aligns with their September forecast, which projected a gradual return to the 2% inflation target.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"China_Calls_for_Removal_of_Green_Trade_Barriers_at_COP30\"><\/span>China Calls for Removal of Green Trade Barriers at COP30<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>During his address at the COP30 climate summit in Brazil, <strong>China&#39;s Vice Premier Ding Xuexiang<\/strong> urged global leaders to <strong>remove trade barriers<\/strong> that are impeding the worldwide green transition. Ding emphasized the necessity for &quot;true multilateralism&quot; and enhanced international cooperation in green technology and industry to ensure the <em>free flow of quality green products<\/em>. He also reiterated China&#39;s stance on &quot;common but differentiated responsibilities,&quot; calling on developed nations to take the lead in reducing emissions and providing financial support for climate initiatives.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Canadian_Business_Activity_Slows_as_Ivey_PMI_Declines\"><\/span>Canadian Business Activity Slows as Ivey PMI Declines<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Canada&#39;s economic landscape showed signs of cooling as the <strong>Ivey Purchasing Managers&#39; Index (PMI) SA for October registered 52.4<\/strong>, a notable drop from September&#39;s <strong>59.8<\/strong>. This figure also fell short of the anticipated 55.2. The Ivey PMI is a key indicator of Canadian business activity, with readings above 50 generally suggesting economic expansion and below 50 indicating contraction. The <em>unexpected decline<\/em> points to a slowdown in overall business conditions, which could have implications for the Canadian dollar (<a href=\"\/stock\/CAD\">CAD<\/a>) and future monetary policy decisions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"USGS_Designates_Copper_Silver_and_Potash_as_Critical_Minerals\"><\/span>USGS Designates Copper, Silver, and Potash as Critical Minerals<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The <strong>U.S. Geological Survey (USGS)<\/strong> has officially added <strong>copper<\/strong>, <strong>silver<\/strong>, and <strong>potash<\/strong> to its proposed 2025 Critical Minerals List. These additions are part of a broader update that includes lead, rhenium, and silicon, bringing the total number of critical minerals on the draft list to 54. The designation is aimed at strengthening the national security supply chain and highlights the essential role these minerals play in the U.S. economy, particularly for building infrastructure, supporting renewable energy systems, and manufacturing electric vehicles. The USGS also recommended the removal of arsenic and tellurium from the list.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways JPMorgan (JPM) analysts predict Bitcoin (BTC) could surge to $170,000 within the next 6-12 months, citing completed deleveraging 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