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