Other news

There has been a rapid decline in crude oil prices this week due to fears of a recession in the U.S. in 2023. The threat of an economic downturn is driven by high levels of inflation and continued interest rate hikes.

Analysts at Wells Fargo believe that the U.S. dollar will remain strong in the first months of 2023. In the second half of the coming year, the U.S. currency is expected to decline.

The focus is on speculative positions in gold and silver.

On the agenda are data on oil platforms from Baker Hughes and speculative positions on oil and gas.

The focus is on inflation in the US, China, Russia and Norway, retail sales in New Zealand and consumer sentiment in the US.

The U.S. labor productivity recovered at a faster pace in the third financial quarter. However, labor costs are still on the rise.

Natural gas prices in Europe soared this week as a cold snap across the north half of the continent boosted demand for the fuel.

In November, housing prices in Sweden continued to decline as high interest rates weaken the country's property market.

Strong fluctuations in the yuan caused by positive sentiments in Chinese markets will face reality. Currently, many question whether the economic recovery will be able to match the growth of the currency.

The Bank of England may consider raising the interest rate to 3.5% next week. Policymakers raise doubts over whether further policy tightening is needed as the economy is showing signs of a slowdown near recession levels.