Categories
Top Dollar Euro Ruble Yuan Gold Silver Copper Gas Oil Other Macroeconomics
Overall inflation in Mexico could rise and core inflation could slow

On Thursday, inflation data for the first half of December from the Statistical Institute of Mexico is expected to be released.

21 December 2022
The new Cleveland Fed housing data shows lower inflation

New data from the Federal Reserve Bank of Cleveland, regarding housing inflation, shows that one of the key drivers of rising prices may be less of a problem in the future.

21 December 2022
Goldman Sachs: Bank of Japan to remove its negative rate next

The Bank of Japan's next move could be a reversal in its negative rate (-0.1%), as Goldman Sachs Group Inc. said. This step can be taken due to an unexpected widening of the government bond yield band (JGB).

21 December 2022
Bank of Japan’s unexpected move to help soften a rising energy crisis

The Bank of Japan’s (BOJ’s) unexpected move will help to soften the country’s rising energy crisis by reducing spending on foreign fuel. The central bank’s actions caused a one-day surge in the yen.

21 December 2022
Small business confidence in China continues its decline despite reopening

According to information provided by Standard Chartered Plc, economic activity of small business in China continued decreasing in December. A rise of COVID cases during reopening has worsened prospects for the country’s companies.

21 December 2022
New home building in the U.S. continues to fall

In November, home building declined again. Buyers faced a sharp increase in mortgage rates to 7%. In this regard, homes became unaffordable. During the month, mortgage rates declined slightly, but are still double last year's rates, which significantly affects the purchase of new homes.

21 December 2022
Oil steady as storm jitters offset US inventory drop

Oil prices hold steady as the fact that US inventories fell much more than expected, leading to an increase in oil prices, offset fears about a significant snowstorm, worsening the demand outlook.

21 December 2022
BOJ adjustment could be first step towards exit from aggressive monetary easing

According to Takatoshi Ito, Haruhiko Kuroda's contender, the Bank of Japan's policy adjustment would be the first step towards an exit from a decade of aggressive easing.

21 December 2022
Gold price goes up as the precious metal becomes a popular safe-haven asset

The gold price grew significantly during the previous trading session and exceeded $1800. It happened against the backdrop of the dollar depreciating against the currency basket.

21 December 2022
ING: USD/JPY may fall below 130

The Bank of Japan (BoJ) announced an unexpected change to its yield curve control (YCC) policy. The immediate impact on the yen was significant, with USD/JPY falling more than 3%.

21 December 2022