Latest Market News Highlight

  • Fed’s bullard: Better bet is it will take a while for inflation to come down to 2%
  • The OPEC plus ministers didn’t vote yet… but it’s almost certain the 100k increase will be approved
  • Saudi Arabia reportedly warms to production increase at OPEC+ meeting- FT
  • Japan’s used car exports to Russia rise threefold despite sanctions
  • Volume of retail trade down by 1.2% in the euro area and by 1.3% in the EU
  • Industrial producer prices up by 1.1% in the euro area and by 1.3% in the EU
  • UK: Weakest service sector performance since February 2021 as inflationary pressures continue to dampen demand
  • U.S. Treasury yields move higher ahead of new economic data

Source: forexfactory.com

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