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.
Asian currencies might show the steepest monthly increase for the first time in more than six years. The Bloomberg JPMorgan Asia Dollar Index has grown by 2.7% in November, showing the biggest monthly increase since March 2016.
Switzerland's economic indicators increased 0.2% in Q3 compared to the previous reporting period. Official data were released on Tuesday, indicating a 0.5% year-on-year increase.
As it was recently announced, the Bank of England is about to start selling the government bonds it had purchased as an emergency action to stop turmoil in British markets this fall.
According to economists, China’s economic slowdown together with strict COVID-19 restrictions will be the main reasons why the PBOC will ease monetary policy. In addition to this, they expect the central bank to keep reducing the key policy interest rate in the short term.
The reopening of Japan's borders has boosted retail sales from lifting of internal pandemic control measures this year.
Recently, Fumio Kishida, the Prime Minister of Japan, gave orders to increase national security spending to 2% of GDP by 2027. It’s worth noting that the exact figures for the increase were announced for the first time.
India bought approximately 40% of all seaborne export volumes of Urals crude in November. According to Reuters and Refinitiv calculations, the state became the largest importer of black gold among other countries.
After falling last month to a record low in the last forty years, the Japanese currency is showing an early recovery. Nevertheless, repeating the behavior of similar periods of decline in the past, the yen could face new shocks.
This winter, the aggravation of the situation caused norovirus epidemics in PRC can negatively influence the foodstuffs and energy products markets. Usually, the consumption grows in this season, but currently, it can be completely different.
According to more than 90% of economists polled by Reuters, the Bank of Japan is more likely to roll back large-scale monetary policy easing as its next policy move.