Other news

Gold prices declined amid remarks by several U.S. Federal Reserve officials that the Fed will continue to fight inflation harshly.

Oil prices as well as the previous session are rising as China eased some of its strict COVID-19 protocols.

Macro strategists from Citigroup Inc. have recommended investors closing short positions in the S&P 500 and acquiring 10-year Treasury notes after inflation figures were revealed Thursday. The figures beat analysts’ estimates.

The Federal Reserve has raised the issue of holding back aggressive interest rate hikes after receiving long-awaited news about the rate of inflation.

Retail giant Home Depot is set to post its third-quarter earnings. The data are expected before trading opening on Nov. 15.

According to Bank of Canada Governor Tiff Macklem, an overheated labor market can get back to normal without the growth of unemployment. This declaration was made before the next increase in credit rates in December.

The US Treasury Department assessed the policies of major trading partners of the country. The assessment revealed that some of the currency interventions recently conducted by the partners in the currencies market can be justified.

Tiff Macklem, governor of the Bank of Canada, said there could be at least one more sharp rise in interest rates before the magnitude of hikes begins to decline. The rate of increase could fall to steps of 25 basis points.

On Thursday, Gap Inc announced the official opening of its store on Amazon.

Bank of England has stated its position to be cautious regarding the selloff the 19 billion pounds ($22 billion) of British government bonds.