On Wednesday the Bureau of Employment Statistics of the United States will publish, as every month, the Consumer Price Index of the country. The September data will be known at 9.30 am Argentina (GMT-3). Estimates project that the CPI for the last month remains around 3%, showing a slowdown since June. The global context surrounding the announcement is a
Bank of England lawmaker Michael Saunders said he is preparing for interest rate hikes “significantly sooner” as inflationary pressure builds on the British economy, the Telegraph newspaper said on Saturday. Saunders said investors were right to bet on faster increases in borrowing costs with consumer price inflation above 4%. The Bank of England could become the first major central bank
This Friday, the US Bureau of Employment Statistics will release the unemployment rate and nonfarm payrolls. We expect impact with the data that will be available from 9.30AM (GMT-3). It will be the non-farm payroll report before the FOMC meeting on November 2-3. It is expected that at this meeting, they will probably announce the beginning of reductions in the
Tonight the Reserve Bank of New Zealand pronounces on economic policy. The announcement will be at 22:00 Argentina (GMT-3). The entity will publish its decision based on the evolution of the country’s economy. During the first half of the year, it maintained a constant growth trajectory. However, during the third quarter, the growth curve and post-crisis recovery slowed down. Economic
Already entered the last momentum of 2021 but in retreat. This week Australia and New Zealand will review their interest rates. New Zealand is forecast once again to raise its interest rates. In the previous month the forecast was failed and now we will see what happens this Tuesday. The higher NZDUSD price is one step from positioning to enter
This Wednesday they launched the first ETF that allows combining two cryptocurrencies in the world. The launch took place in Canada. The North American country is a pioneer in the region with the permeability of cryptocurrency transactions. On this occasion, Evolve ETFs, allows exposure to Bitcoin and Ethereum, called ETC in TSX, this being the first multi-currency ETF. The world
This Tuesday the oil market registered pressures, after the fall in its prices. What is affecting prices are the pressures on demand and the energy crisis that is taking place in both Europe and China. In Europe, prices reached a new record for gas, energy and carbon prices. The concerns revolve around the beginning of the period of greatest
The week will continue with fears of an Evergrande collapse that could cause financial contagion and slow the growth of the Chinese economy. That concern eased after the developer agreed to settle some local note interest payments, but the problem is far from over with holders of dollar bonds that have yet to receive a coupon due. The international market
This Friday the cryptocurrencies Bitcoin and Ethereum collapsed after China imposed great restrictions on transactions of this type in the country. The new regulations that govern the country imply a total ban on crypto transactions. The move was agreed between the People’s Bank of China, banking and securities and currency regulators. Any crypto or mining operation will be categorized as
The great expectations of the week are located on Wednesday and the announcement that the FED officials will make, after the FOMC meeting. This is the monthly meeting that they will hold to evaluate the evolution of the economy and the direction of the decisions they will make for the United States. The event is full of expectations, since
