Other news

Apple will release the next generation of iPad Pro tablets this year, as reported by Bloomberg.

According to Neel Kashkari’s announcement as Minneapolis Fed President, the U.S. Federal Reserve System won’t be able to stop its campaign of monetary policy tightening at a key rate of 4.5-4.75%, if core inflation continues to gain pace.

Based on stock market indicators, the recent rally in the U.S. is likely to indicate a sustained move higher. A majority of investors are less resolute, expecting signs of lower inflation.

The COVID-19 pandemic is slowly coming to a halt. Masks are now unnecessary in most public places, transportation and municipalities. Vaccination rates have stabilized.

On November 1, the sale of a part of British government bonds will start, as announced by the Bank of England. At the same time, long-term securities caught in the epicenter of the recent storm in the UK government bond market will not be sold this year.

The Bank of Canada is expected to decide to raise the overnight interest rate at a meeting. This time the increase will be less than the previous one, it’s expected to be 50 basis points.

Walmart introduced a new platform for influencers — Walmart Creator. On Tuesday, the retail giant announced the launch of a beta version of the platform that allows social media influencers to earn money by sharing and promoting Walmart products.

Boeing’s 737 MAX airplanes, which were initially planned for customers from China, have been recently offered to Indian company Air India Ltd.

Japanese authorities warned of a sharp yen decline against the dollar once again.

The U.S. economy may fall back into recession next year. This is stated by David Solomon, Goldman Sachs CEO, in an interview with Reuters. However, there is a chance of the regulator restraining inflation without crippling the country’s economy.