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23 January
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Bank of Mexico to diverge from Fed policy in 2023
According to Barclays Plc., the policy of the Bank of Mexico (Banxico) is likely to diverge from the Federal Reserve's stance in the coming year, despite holding similar events this week.
14 December 2022
Morgan Stanley raised China’s GDP forecast
Morgan Stanley expects that by the end of next year’s first fiscal quarter, China’s economic activity will recover. Regarding this, the American bank has raised its China’s GDP growth forecast for 2023 from 5% to 5.4%.
14 December 2022
What to expect from the Fed’s meeting
The U.S. Federal Reserve (Fed) is expected to raise interest rates by 0.5% at Wednesday's meeting.
14 December 2022
Large Japanese companies have different views on the prospects of the economy
The Bank of Japan published the results of the Tankan survey. According to the data, in December there was a decrease in the index of confidence among the largest manufacturers from 8 to 7 and an increase in the index for service sector companies.
14 December 2022
According to economists, BOJ will review the politics in 2023
47 surveyed economists don’t think that the BOJ will change the restrictive policy concerning a negative interest rate and a yield curve. The decision will be taken on December 20 after a two-day meeting.
14 December 2022
Gold holds steady above $1,800 ahead of Fed meeting
Gold prices were little changed on Wednesday following a rapid growth seen in the last session. Gold steadied as markets awaited the Federal Reserve interest-rate decision that would be announced later in the day.
14 December 2022
Deutsche Bank: Brent oil is going to hit $100 in the first quarter of 2023
Brent crude oil prices have resumed the level recorded at the beginning of the year. Economists at Deutsche Bank predict that the cost of fossil fuel may reach $100 per barrel in the first quarter of 2023. However, there could be a subsequent decline to $80 dollars.
14 December 2022
Oil growth stalled due to unexpected rise in US inventories, Fed in focus
On Wednesday, oil prices halted growth, driven by data on lower inflation in the United States due to an unexpected increase in fuel inventories. At the moment, the focus is on the Federal Reserve meeting.
14 December 2022
Keystone oil spill will take weeks to clean up
It will take at least a few weeks to clean up the largest oil spill in the United States. This was reported on Tuesday by local Kansas authorities, referring to a recent meeting with the owner of the Keystone pipeline, TC Energy Corp.
14 December 2022
U.S. inflation slowed more than expected
On Tuesday, there were some optimistic findings related to inflation levels in the U.S. The latest readings of important indicators showed a significant decline in November as inflation reached year record lows.
14 December 2022
