Governor Christopher Waller repeated the same Fed’s hawkish stance on Wednesday. Last week, Waller said “we’ve still got a way to go” before the US central bank stops raising interest rates, despite good news last week on consumer prices, jolting risk appetite”.Waller continues to warn that officials were not close …

Australia will release October’s employment report on Thursday, November 17 at 00:30 GMT and as markets draw closer to the release time, here are forecasts by analysts at five major banks regarding the upcoming awaited data.Australia is expected to have added 15K positions in October versus 0.9K in September, with …

On Wednesday, the White House has not seen anything that contradicts Poland’s preliminary assessment that a missile that landed within its borders on Tuesday was most likely the result of a Ukrainian air defense missile, according to US National Security Council spokesperson Adrienne Watson.“Whatever the final conclusions may be, it …

On Wednesday, oil prices settled more than one US dollar lower after Russian oil shipments via the Druzhba pipeline to Hungary resumed operation and rising COVID-19 cases in China weighed on investors’ sentiment.Contracts to deliver West Texas Intermediate crude in December closed at their lowest price since October 25, according …

Retail Sales rose in October by 1.3% above the 1% of market consensus. Analysts point out that despite the apparent endurance, consumers are struggling to keep up the pace. They warn that the last time credit card borrowing was growing like it is now, the US was heading into the …

BoE’s Swati Dhingra said on Wednesday that the British central bank could deepen an expected recession if its pushes up borrowing costs beyong the present level.“You could think of getting into a much deeper, much longer recession if rates continue to rise because there is already about a fairly sizeable …

On Wednesday, ECB Vice President Luis de Guindos said the central bank needed to keep inflation expectations anchored. In a report published Wednesday, the ECB said households and businesses were under pressure from high rates, a poor economic outlook and monetary tightening; but government support needed to be “targeted.”De Guindos …

On Wednesday, the US Dollar Index continues to erase its daily losses following the comments by important Fed and was last seen losing 0.17% on the day at 106.38.New York Federal Reserve President John Williams said that the monetary policy is not the best tool to address financial stability risks, …

Most financial assets witnessed a seemingly volatile US trading session on Tuesday. Optimism and fears constituted a fantastic mix that was seemingly obvious throughout the day. The US dollar fell to fresh monthly lows against most major rival currencies ahead of Wall Street’s opening but eventually managed to post a …

As early as the beginning of 2022, the-then Italian PM Mario Draghi suggested a dangerous idea that large oil buyers could form a new club or sort of forum together and challenge OPEC+. The idea did not take further steps into reality because one obvious problem could not be ignored, …