Grave macroeconomic risks provoke higher volatility. In this regard, investors expect that the authorities will increase the trading band of the Chinese national currency, thus, allowing the market forces to show their full potential.

According to more than 90% of economists polled by Reuters, the Bank of Japan is more likely to roll back large-scale monetary policy easing as its next policy move.

In January, the important oil exporting country Saudi Arabia may decrease the cost of fuel for Asian countries. This is caused by fear of possible low demand in China and the growing supply of Russian oil after December 5.

According to Bloomberg reports, a considerable part of Western investors refuses gold. It mostly concerns institutional investors. In Asia, at the same time, there is an absolutely opposite picture. Investors, realizing that gold prices have fallen, have started to buy more coins, bars and jewelry.

The dollar is holding gains from the previous session on Monday. Market sentiment has been dampened by mass demonstrations in China that have grown against the coronavirus restrictions. The move in the dollar was also fuelled by hawkish comments from Federal Reserve officials.

On Tuesday, the yuan rose ahead of a COVD-19 press briefing, which will be held in China later this day. The U.S. dollar, on the contrary, declined slightly.

Japan's labor market signaled further tightening in October, putting pressure on wages, as data for October revealed.

According to statements by the U.S. Federal Reserve (Fed) officials, in order to effectively curb inflation, it’s necessary not only to increase borrowing costs, but also to raise interest rates slightly more than previously predicted.

The Wall Street Journal writes that Chevron needs to solve a number of technical problems, covering the infrastructure restore.

On Monday, the head of the European Central Bank Christine Lagarde declared that inflation in the eurozone (EZ) hasn’t yet reached the maximum. It can even exceed the expectations.