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.
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.
In November, retail sales in the U.K. increased sharply amid promotions for Christmas and the World Cup. However, it failed to outpace the current rate of inflation.
New Zealand authorities intend to fight the price growth in the construction industry. It is planned to simplify the procedure for introducing goods to the market to reach this goal.
Temperatures in the U.K. and other northern European countries are expected to plummet below zero this week. The cold snap will boost energy demand and test the region's ability to withstand adverse weather conditions.
Against the background of increased demand in the field of mechanical engineering, the number of orders in October for the U.S.-made goods also increased. Moreover, the growth exceeded analysts' expectations. Thus, fears of a possible production slowdown were unfounded.
The Canadian dollar fell by 1% against the US dollar, reaching its lowest value in six days. This is due to investors' worries, who expect to see further rate hikes amid signs of economic resilience in the United States.
The recent data on the U.S. economy reinforced investors’ expectations of the further interest rate hikes by the Federal Reserve system. As a result, there was a decline in treasury yields registered on Monday.
USDCHF broke through the bottom of the key support zone at 0.9355. Credit Suisse analysts expect that the currency pair awaits more decline next month.