No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
The People's Bank of China (PBOC) extended the maturity of medium-term loans on Thursday. Thus, the interest rate remained unchanged for a fourth month in a row. It could largely match market expectations.
Import prices in the U.S. fell in November, recording a fifth month of decline. Stronger dollar positions coupled with a lower cost for petroleum products were the key drivers of a contraction. These factors support the market's view that the rate of inflation may slow in the coming months.
It’s reported that amid large releases from the U.S. Strategic Petroleum Reserve (SPR) and reduced refinery activity, U.S. crude inventories increased by 10.2 million barrels. This is the highest figure since March 2021.
On Thursday, the Bank of England raised the interest rate nine times in a row. Such a step looks foregone. Due to this, the investors will have to find out how many times they need to increase the rate.
It’s reported that the rate hike at yesterday's U.S. Federal Reserve (Fed) meeting was lower than previous ones. However, the Fed says that interest rates will continue to rise next year, despite the apparent easing.
Employment in Australia saw an apparent surge in November — more than triple what economists had expected. The jobless rate remained steady at a 48-year low, showing the need for further interest rate hikes in 2023.
Oil prices keep rising for the third day in a row as part of the shutdown of Canadian pipeline Keystone, being crucial to refineries in western part of the U.S. The cost of fuel continues to rise due to the accident, despite a significant weekly surge in the U.S.crude stocks.
As it became known on December 14, Morgan Stanley analysts suggest crude oil prices to rise back to the level of about $110 per barrel by the middle of the upcoming year.
The Bank of Japan meeting will be on December 20. It is planned to keep interest rates ultra-low and the dovish forecast.
It is a week before the polar vortex comes to the United States. However, on Wednesday, natural gas still went into a sell-off mode. Players took profits and tried to correct the market, which jumped almost 30% over the past five sessions.