Other news

Haruhiko Kuroda, BOJ’s governor, said the central bank will continue monetary easing to provide timely economic support and ensure steady inflation accompanied by rising wages in the country.

Disney is holding back its spending after reporting that the company fell short of Wall Street's earnings guidance for the latest quarter. In the memo, Bob Chapek also confirmed that the company is expecting staff cuts.

Australian premier Anthony Albanese reportedly met with Chinese Premier Li Keqiang at the ASEAN Summit in Cambodia. During the brief meeting, the prime ministers discussed cooperation issues.

Federal Reserve System Chairman Christopher Waller stated that last week the central bank was not weakening its fight against inflation, after which the U.S. dollar fell sharply.

A decade-high pay increase is planned in Great Britain. The upcoming pay rises are aimed at filling positions.

At the end of last week, there was an official meeting of Japan's Prime Minister Fumio Kishida and US President Joe Biden, within which they agreed to strengthen the countries’ alliance in the background of geopolitical tensions.

Principal Asset Management Chief Global Strategist Seema Shah stated last week's lower inflation data was greeted with applause in the stock market.

After a sharp increase in the cost of mortgages, as well as the threat of economic recession, the UK property market has cooled down, thereby decreasing estate sale prices.

According to Christopher Waller, a member of the Federal Reserve Board of Governors, there is a possibility that the Fed may consider lower interest rate hikes at the next meeting.

According to the IMF, the projected growth of the global economy has a more negative scenario than previously thought, as many risk factors are revealed.