According to a statement made on Saturday by Economy Minister of Italy Giancarlo Giorgetti, it’s highly unlikely that energy prices would go down by early spring next year.
According to a statement made on Saturday by Economy Minister of Italy Giancarlo Giorgetti, it’s highly unlikely that energy prices would go down by early spring next year.
Federal Reserve Chair Jerome Powell is cautiously analysing the cost scale of various services in the labour market. This initiative is driven by the fact that wages can impose particularly large costs on certain services.
According to Australia's sovereign welfare fund, gold and other goods compensate for decreasing yields by asset classes
The New Zealand dollar is up 18% from its October low. New Zealand's currency was boosted by the easing of COVID curbs in China and optimism about the fact that rates are nearing their peak.
On Friday, the Bank of England (BoE) announced its intention to sell bonds (short-, medium- and long-term) starting from January 9. This measure will be part of the quantitative tightening program. Five auctions are planned for every announced bond’s type.
According to a report by the Telegraph, increasing of interest rates in Great Britain poses risks to 365,000 rental objects.
Giancarlo Giorgetti, Italy's Minister of Economy and Finance, noted in a statement on Saturday that the possibility of another rate hike by the European Central Bank (ECB) is worrying for heavily indebted states, including Italy.
The AUDUSD pair fell sharply on Thursday, then settled slightly lower than 0.67 on Friday. Analysts at Danske Bank predicted that the pair is likely to keep sliding in the coming months. Thus, AUDUSD may reach 0.66 in three months, and then hit 0.65 in half a year.
According to ANZ Bank economists’ forecasts, the gold price will rise to $1,900 by the end of next year.
After the start of trading on Monday, the yen rapidly soared, triggered by speculation of a possible Bank of Japan pivot towards a more hawkish attitude.