International Markets Update

Pages
Pages 3
table
Tables 2
Chart
Charts 0
Price $0

The Federal Reserve raised short-term interest rates for the first time in nearly a decade, calling an end to the near-zero borrowing costs. US j.....

Summary

  1. The Federal Reserve raised short-term interest rates for the first time in nearly a decade, calling an end to the near-zero borrowing costs.
  2. US jobs growth remained solid in November as the economy added 211,000 jobs, slightly above expectations.
  3. The ECB cut its overnight deposit rate from -0.2% to -0.3% in its latest effort to revive lending and inflation in the euro zone.
  4. Germany’s business sentiment suffered a surprise dip in December.
  5. The UK's unemployment rate fell to 5.2% in the three months to October, its lowest level since May 2008. However, wage growth slowed considerably.
  6. Japan's economy dodged recession in the third quarter with the initial estimate of a 0.8% contraction revised to an annualized expansion of 1.0%.

Reviews



play_video_icon
Close

International Markets Update

Recently Browsed