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.
On Thursday, Andy Jassy, current Chief Executive Officer at Amazon.com Inc., announced that the commerce giant is adjusting to new economic conditions, therefore, it will continue to reduce jobs in 2023.
Yields of Japanese short-term government bonds hit a two-week-high. As for the yields of super-long governmental bonds, it has recovered after the monthly low.
China's money markets retreated from recent highs after the country's central bank provided liquidity to stem a bond sell-off that could have triggered panic among retail investors.
Haruhiko Kuroda, governor of the Bank of Japan, said Friday that wage growth of 3% could bring the inflation of 2% closer. It’s a bank’s target.
The FRS will lower the tempo for interest rate increases by 50 basis points in December. According to a Reuters survey, economists believe
On Friday, a rise in gold prices was registered, linked to a decrease of the dollar. Nevertheless, prices of the yellow metal might start falling too.
In October, the growth of consumer prices in Japan exceeded last year's numbers by 3.6%. This is more than 3.5% forecasted by analysts. Such price growth became the most serious since 1982.
Strategists at investment bank Goldman Sachs Inc. consider that the U.S. dollar will gradually strengthen and continue to grow. However, investors will still face the impact of inflation and high interest rates next year.
The Biden administration asked Congress for $500 million to upgrade the US Strategic Petroleum Reserve (SPR) facilities.
According to James Bullard, president of the Federal Reserve Bank of St. Louis, the interest rate should be raised to at least 5-5.25%. After analyzing the current data, Bullard said that his old suggestions to raise the rate to 4.75-5% are now outdated.