University of Michigan Consumer Sentiment Prelim was 63.0 Prior was 68.1 Details: Current conditions 70.6 vs 66.7 prelim (71.4 prior) Expectations 59.3 vs 60.7 prelim (66.0 prior) 1-year inflation 4.2% vs 3.8% prelim (3.2% prior) 5-10 year inflation 3.0% vs 3.0% prelim (2.8% prior) The Fed might be concerned about that bump in inflation expectations
Share: The Bank of Canada (BoC) announced on Wednesday that it left the benchmark interest rate unchanged at 5% following the October policy meeting. This decision came in line with the market expectation. BoC Governor Tiff Macklem will explain the policy decisions and comment on the policy outlook in a press conference starting
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Prior month +5.0 New orders -4 vs +3 last month Services index -11 versus +4 last month Shipments +9 versus +7 last month Employment +7 versus +7 last month Wages +29 versus +23 last month Availability of skills needed -1 versus -10 last month Prices paid +3.02 versus +4.06 last month Prices received +2.07 versus
People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value of the yuan to fluctuate
© Reuters The Central Bank of Russia has indicated that the upcoming launch of its central bank digital currency (CBDC), the digital ruble, is not expected to eclipse other non-cash and cash payment methods. Alla Bakina, director of the bank’s national payment system department, shared this perspective during a webinar reported by Interfax news agency.
While the number of jobs added during September, at +6.7K, is a disappointment the other ‘headline’, the unemployment rate, dropped to 3.6% from 3.7%. Due to a big drop in participation. The split between full- and part-time employment change is ugly: full-time nearly -40K part-time +46.5K لینک منبع : هوشمند نیوز
Jim Jordan is trying to replace Kevin McCarthy as speaker of the House. Republicans have an extremely narrow majority and can only afford to lose 5 votes to get him into the position, assuming Democrats remain united. A few things to know about Jordan: He was one of the early members of the House Freedom
Prior +10.6% New yuan loans ¥2.31 trillion vs ¥2.50 trillion expected Prior ¥1.36 trillion That’s a notable jump in new loans, even if it comes in lower than estimated. Broad money growth continues to ease further and will be something that Beijing has to be mindful about as the economy slows going into next year.