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.
Last quarter, Uzbekistan was ranked second among other central banks of developing countries in terms of the gold reserves growth. Currently, the share of the precious metal takes almost two-thirds of the country’s total reserves.
According to reports, the U.S. inflation rate in October was significantly lower than projected. Therefore, there is still a chance that prices will rise more slowly and that Federal Reserve officials will abandon sharp interest rate hikes.
Banxico raised its interest rate for the fourth time in a row. This time it was proposed to raise it by 0.75%. Currently, the value in the central bank of Mexico has reached 10%.
The Zoom company declared that soon Tesla drivers will have an opportunity to take Zoom calls in electric cars via a touchscreen dashboard. As the video call provider said, its software will be integrated into Tesla's infotainment center.
On Thursday, the U.S. inflation report was released. The data reflected in the report came amazed the market participants.
Amid decreasing concerns about the recession in the United States, there is an increase in oil prices.
Gold prices rose because signs of inflation slowing in the US raised hopes that the Federal Reserve would slow down its pace of interest rate hikes in the coming months.
Foxconn reported third-quarter net income rose 5% to T$38.8 billion ($1.22 billion) from an average estimate of T$41 billion.
The US inflation rate remained consistently high in October, despite the Fed's attempts to curb record-breaking prices.
Investors are closely watching the release of the U.S. consumer price data on Thursday. Inflation figures that will come out on Friday could be of high importance in determining the near-term outlook for global markets.