[ad_1] After yesterday’s recovery from the pullback seen on Monday, treasuries saw continued strength during trading on Wednesday. Bond prices initially moved to the downside but climbed firmly into positive territory over the course of the session. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its …

[ad_1] Gold futures settled higher on Wednesday, gaining for a second straight session, with the dollar drifting lower as traders looked ahead to the Federal Reserve’s monetary policy announcement, due next week. The dollar index fell to 104.88, and despite recovering to around 105.00, was down 0.5% from the previous …

[ad_1] Estonia’s consumer price inflation eased for the third month in a row in November, though it remained strong overall, preliminary figures from Statistics Estonia showed on Wednesday. Consumer prices rose 21.3 percent yearly in November, after a 22.5 percent rise in October. “Compared with November 2021, the consumer price …

[ad_1] US Crude Oil Inventories Slump By 5.2 Million Barrels In Week Ended 12/2 [ad_2] Source link

[ad_1] The Bank of Canada on Wednesday announced its widely expected decision to raise interest rates by another half a percentage point, saying inflation remains “too high.” The Canadian central bank increased its target for the overnight rate by 50 basis points to 4.25 percent, marking the seventh consecutive rate …

[ad_1] Bank Of Canada Raises Interest Rates By 50 Basis Points [ad_2] Source link

[ad_1] The Canadian dollar declined against its major counterparts in European deals on Wednesday, as investors fear that continued monetary tightening in the US could derail the economic growth. Warnings from several leading bankers about a potential recession next year also dampened risk sentiment. Next week’s Fed meeting is expected …

[ad_1] Luxembourg’s economy expanded at an accelerated pace in the third quarter, while consumer price inflation eased further to the lowest level in nearly a year in November amid a slowdown in petroleum prices, separate reports from the statistical office showed on Wednesday. The gross domestic product advanced 3.0 percent …

[ad_1] Greece’s economy turned to contract for the first time since the third quarter of 2020, as significantly increased levels of subsidies on energy-related products largely offset the increase in gross value added. Gross domestic product contracted a seasonally adjusted 0.5 percent quarterly in the three months ended September, reversing …

[ad_1] Finland’s trade deficit widened in October as the increase in imports exceeded the exports growth, preliminary figures from the Finnish Customs showed on Wednesday. The trade deficit increased to EUR 915 million in October from EUR 574 million in the same month last year. In September, the trade deficit …