Contracts to buy U.S. previously owned homes fell far more than expected in November, diving for a sixth straight month in the latest indication of the hefty toll the Federal Reserve's interest rate...
ExxonMobil is suing the EU in a bid to force it to scrap the bloc’s new windfall tax on oil groups, arguing Brussels exceeded its legal authority by imposing the levy.Source: Financial Times
29/12/2022
Global debt markets extended an end-of year selloff Wednesday, prompting additional bond purchases from the Bank of Japan.Source: Bloomberg
28/12/2022
The world faces a recession in 2023 as higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research.Source:...
27/12/2022
Japan’s key inflation gauge further accelerated to the fastest pace since 1981, an outcome that will continue to fuel speculation the Bank of Japan will surprise markets again with policy change down...
23/12/2022
Bankers in New York and London are bracing for year-end bonuses that recruiters estimate are 30% to 50% lower, while some may receive none at all as dealmaking sputters and economic gloom sets takes...
22/12/2022
The Russian exodus triggered by Vladimir Putin’s invasion of Ukraine has put the currencies of former Soviet republics at the top of global rankings this year.Source: Bloomberg
21/12/2022
The Bank of Japan’s surprise move to widen its bond yield trading band triggered a sharp reaction in financial markets. Here are some of the initial takes from central bank-watchers.Source: Bloomberg
20/12/2022
Federal Reserve Chair Jerome Powell has a new North Star to guide his fight against inflation, and it will put American paychecks at the heart of monetary policy next year.Source: Bloomberg
19/12/2022
Economists are in full agreement over the path of Russian interest rates for the first time in over a year, as the central bank looks likely to opt for a longer pause after a massive round of...
16/12/2022