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Mexico’s inflation seen easing
The National Institute of Statistics and Geography of Mexico will release inflation data for November on Thursday.
6 December 2022
Kuroda rejects the possibility of a policy review by the Bank of Japan
Haruhiko Kuroda, the head of Japan's central bank, drew particular attention to the need to keep interest rates ultra-low. The politician rejected the idea of a possible change in monetary policy, which was recently proposed by one of the board members.
6 December 2022
The Chinese capital is preparing for a "new life" as restrictions are lifted across the country
Starting Tuesday, an increasing number of restrictions are being gradually lifted in the Chinese capital. Now people living in China can enter stores and offices without showing a negative COVID test.
6 December 2022
The Bank of Japan may give up the bond yield curve control
The Bank of Japan may give up the 10-year bond yield curve control as soon as next year. This could happen due to the growing prospect of inflation and wage expectations being exceeded.
6 December 2022
ECB likely to raise rate by 50 bps in December
According to Governing Council member Gabriel Makhlouf, the European Central Bank is likely to raise borrowing costs by half a point this month. This decision is likely to follow a slowdown in inflation and lower growth.
6 December 2022
High level of inflation in the U.K. nullifies an increase in store sales
In November, retail sales in the U.K. increased sharply amid promotions for Christmas and the World Cup. However, it failed to outpace the current rate of inflation.
6 December 2022
New Zealand aims to lower building costs by increasing the competition
New Zealand authorities intend to fight the price growth in the construction industry. It is planned to simplify the procedure for introducing goods to the market to reach this goal.
6 December 2022
Cooler temperatures in the U.K. put a focus on growing energy demand
Temperatures in the U.K. and other northern European countries are expected to plummet below zero this week. The cold snap will boost energy demand and test the region's ability to withstand adverse weather conditions.
6 December 2022
U.S. manufacturing orders beat expectations in October
Against the background of increased demand in the field of mechanical engineering, the number of orders in October for the U.S.-made goods also increased. Moreover, the growth exceeded analysts' expectations. Thus, fears of a possible production slowdown were unfounded.
6 December 2022
The Canadian dollar fell 1%, spooked by strong data on the US economy
The Canadian dollar fell by 1% against the US dollar, reaching its lowest value in six days. This is due to investors' worries, who expect to see further rate hikes amid signs of economic resilience in the United States.
6 December 2022
