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.
According to Bank of Canada Governor Tiff Macklem, inflation in Canada is strong and higher interest rates will be needed in order to cool the overheated economy.
Due to risks of consumer spending slowing, threats to worldwide economic stability and new rate hikes, Fed staff economists see a higher probability of a downturn to come in 2023.
Today, on November 23, the U.S. Federal Reserve’s (Fed’s) minutes of the previous meeting are to be released. Analysts at Canadian bank, Scotiabank, highlighted three key moments, which are worth looking out for.
According to the latest data on Tuesday, consumer sentiment in the euro area has significantly improved in comparison with the forecasts for November.
Investors are in no hurry to make big bets. The renewed COVID restrictions in China influence their risk appetite. In addition to this, investors are currently waiting for the Fed minutes to be released. The results of the meeting will be available on Wednesday at 19:00 GMT.
Economists believe that the central bank of Australia will raise interest rates three more times. Then, starting from the middle of 2023,
On Tuesday, Andrés Manuel López Obrador said he was considering allowing imports of genetically modified yellow corn for livestock feed.
China's economy is likely to grow above 5% next year, according to an advisеr to the People's Bank of China. But this is only possible if the Covid issue is resolved and the government pursues a more effective policy that stimulates confidence and consumption growth.
Hewlett-Packard (HP Inc.) is struggling. As a result of a drop in demand for personal computers, the company's profits have fallen. HP had to reduce the number of jobs. About 6 thousand people will be laid off within three years.
According to people familiar with the matter, Disney has unveiled the release date of the sequel ‘‘Avatar: The Way of Water'’ in China. It is a favorable event in a key market for the studio.