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Central Banks
Central Banks

SNB's Schlegel says a temporary increase in inflation via rent is possible

  • SNB's Schlegel says a temporary increase in inflation via rent is possible
By Ryan Paisey
10/11/2023 | 10:41 GMT
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By Ryan Paisey
10/11/2023 | 10:41 GMT
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News
News

Dollar set for best week versus yen in three months after Powell speech

  • The dollar is set for its best week in three months against the yen after Federal Reserve Chair Jerome Powell and other officials hinted at the possibility of raising interest rates to combat inflation.
By Ryan Paisey
10/11/2023 | 10:24 GMT
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By Ryan Paisey
10/11/2023 | 10:24 GMT
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News
News

Hong Kong Q3 GDP expands 4.1% y/y, growth forecast revised lower

  • Hong Kong's economy expands by 4.1% year-on-year in the third quarter, with inbound tourism and private consumption expected to drive growth. Q3's seasonally adjusted quarterly growth is 0.1%, rebounding from a 1.3% decline in the previous quarter.
By Ryan Paisey
10/11/2023 | 09:00 GMT
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By Ryan Paisey
10/11/2023 | 09:00 GMT
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News
News

European shares decline as Powell stamps out rate peak hopes

  • European shares fall, bond yields rise as Powell's comments cast doubt on rate peak hopes and signal potential tightening by Fed in battle against inflation.
By Ryan Paisey
10/11/2023 | 08:36 GMT
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By Ryan Paisey
10/11/2023 | 08:36 GMT
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News
News

Oil set for third weekly decline as Middle East conflict concerns ebb

  • Oil prices are expected to decline for the third consecutive week as worries over supply disruptions from the Israel-Hamas conflict ease. Demand concerns take center stage as the threat of Middle East supply disruptions diminishes. The conflict remains contained within Gaza, despite initial fears of escalation. Israel has agreed to pause military operations in parts of north Gaza for four hours a day, although a complete ceasefire has not been established.
By Ryan Paisey
10/11/2023 | 07:40 GMT
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By Ryan Paisey
10/11/2023 | 07:40 GMT
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