No change of the indicator value may reduce the volatility of the related markets.
19 March
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Labor is not coming to the Fed's rescue
The COVID-19 outbreak caused a massive turmoil in the U.S. labor market. Some people were temporarily unemployed. Others left their jobs due to health issues or family circumstances. And more people chose to retire.
9 December 2022
Bank of Canada could opt for another rate hike but it will wait for further data
Deputy Governor Sharon Kozicki noted that they will be “data dependent” when it comes to further monetary policy decisions. At the same time, she didn’t take more significant rate hikes off the table.
9 December 2022
Chinese yuan strengthened to a 3-month-high, but concerns rise over weak data
At the beginning of Friday yuan reached a three-week-high. Investors hope for recovery and don’t pay attention to weak data because Chinese authorities remove anti-COVID restrictions.
9 December 2022
Dollar declines ahead of FOMC meeting and inflation data
Currently the dollar’s weakening against major currencies gains momentum. This is largely due to the fact that investors are comparing the U.S. Federal Reserve's policy prospects with the possibility of recession amid high interest rates.
9 December 2022
Bank of Mexico rate hike cycle could end at 11%
Mexico's central bank (Banxico) monetary tightening cycle is likely to end in the first half of 2023. According to the statement of the Franklin Templeton executive, the benchmark interest rate in the Central Bank of Mexico could reach 11%.
9 December 2022
EU’s gas price gap mechanism may lead to negative consequences and increase volatility
The European Central Bank (ECB) stated that the current design of a “market correction mechanism” needs to be revised, as it could put the financial stability of the eurozone in danger.
9 December 2022
ECB is set to raise rates by 0.5% on December 15
The European Central Bank (ECB) is likely to push interest rates higher by 50 basis points next week. A Reuters poll suggested that the hike comes despite the economy sliding into recession.
9 December 2022
ECB will receive 333 billion euros as part of cheap credits’ repayment this month
A survey of economists showed that this month the banks will provide the ECB the same opportunities to pay out the long-term credits as it was in November. The 12 respondents forecasting the return of liquidity showed a value amounted to €333 billion.
9 December 2022
Yellen: U.S. is on the right track and can avoid recession
U.S. Treasury Secretary Janet Yellen believes that the U.S. economy can avoid a recession. On Thursday, she said that the currently missing wage-price spiral and the loosening of supply chain bottlenecks could contribute to this.
9 December 2022
Heavy crude oil discount widened following Keystone pipeline closure
A significant widening of Western Canada Select (WCS) crude oil's discount to the benchmark West Texas Intermediate (WTI) was observed yesterday due to a leak from the Keystone pipeline and its subsequent closure.
9 December 2022
