Other news

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.

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.