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.
U.S. service sector indicators rose again in September, regardless of the reduction in the trade deficit and the stability of the labor market this month.
Next year, the Japanese yen is expected to recover only a third of its value relative to the dollar. The cause will be the divergent policies of the hawkish US Federal Reserve (Fed) and the dovish Bank of Japan (BOJ). According to a Reuters poll, the gap between central banks continues to widen.
This month the financial authorities of Singapore will probably tighten the monetary policy for the fifth time straight.
Weak producers' perception of the current conditions led to a decline in farmer sentiment as the Current Conditions Index slipped to 109.
Pfizer Inc. in Japan has received approval for two versions of the COVID-19 vaccine.
An official representative of Ford Motor Co has recently announced that the company is increasing the price of its F-150 Lightning Pro electric truck for the models produced in 2023. Thus, Ford attempts to mitigate the impact of delays in the supply chain, as well as the impact of high inflation.
More and more semiconductor companies are interested in building semiconductor production site in Germany. This was influenced by Intel’s decision to invest 17 billion euros in Magdeburg.
Expectations of an increase of the New Zealand official cash rate have come true. On Wednesday, the Reserve Bank of New Zealand (RBNZ) raised it to 3.5%, which brought raises in the New Zealand dollar and bond yields.
In September, there was another activity growth in the Japan’s services sector, driven by increased demand due to the decline of COVID-19 cases. The prospect of easing the current restrictions on foreign tourism strengthened the country’s hopes for an economic recovery.
Shares of technology companies are now experiencing their worst period in decades.