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 focus is on API and EIA oil reserves, Cushing reserves, oil imports, distillate reserves and gasoline production.
The focus is on the BoC interest rate decision, the GDP of Australia and the Eurozone, China's trade balance and the unemployment rate in Switzerland.
ECB chief economist Philip Lane said in an interview with Milano Finanza interest rates need to be increased several more times in order to reduce price pressures. Such measures are necessary even if overall inflation is close to zero.
Chinese steel and aluminium exports are again under attack as the U.S. and European Union consider imposing new restrictive tariffs on carbon dioxide emissions.
The level of business activity in the Eurozone contracted in November, posting a fifth consecutive month of decline. This is a sign of impending recession in Europe as consumers proceed to cut spending.
The National Institute of Statistics and Geography of Mexico will release inflation data for November on Thursday.
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.
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.
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.
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.