Euro zone consumer inflation decelerated as expected in December, confirmed the European Union’s statistics agency, Eurostat, this Wednesday (18), due to a continuous drop in energy prices that previously raised the rate to levels records. Eurostat said prices in the 20 countries that use the euro fell 0.4% in December from the previous month, accumulating […]
Reopening in China should motivate new oil demand record in 2023, says IEA
The lifting of Covid-19 restrictions in China is expected to lift global oil demand this year to a new record, the International Energy Agency (IEA) said on Wednesday (18), while price cap to Russia could hurt supply. “Two wildcards dominate the oil market outlook for 2023: Russia and China,” the Paris-based energy body said in […]
UK annual consumer inflation slows to 10.5% in December
UK consumer inflation (CPI) decelerated for the second consecutive month in December, after reaching a 41-year high last October. Data from the ONS, as the country’s statistics body is known, show that the annual British CPI rate stood at 10.5% in December, losing strength from the 10.7% level in November. In October, the annual CPI […]
Asian stocks close mostly higher after Japanese central bank maintains monetary policy
Asian stock markets closed mostly higher on Wednesday (18), with Tokyo jumping more than 2%, after the Bank of Japan (BoJ) left its monetary policy unchanged, dispelling speculation that it would tighten credit conditions amid to inflationary pressures. The Japanese Nikkei index rose 2.50% in Tokyo, at 26,791.12 points, in the wake of the BoJ’s […]
Bank of Japan keeps monetary policy unchanged, with deposit rate at -0.1%
The Bank of Japan (BoJ) maintained unchanged, this Wednesday (18), the main references that guide monetary policy in the country. The Japanese central bank left the short-term rate on deposits at -0.1% and the target 10-year local government bond (JGB) yield at around zero. The monetary authority also reiterated that it intends to keep the […]
2022 marked the largest entry of foreign investment into the Brazilian stock exchange in 6 years
The Brazilian stock exchange broke a record for funds invested by foreigners in 2022. Non-residents invested BRL 100.8 billion last year in shares on the secondary market, the highest amount since 2016, when B3 started to disclose the data. Financial market analysts drew attention last year to the fact that the stock exchange is worth […]
Chip chains likely to shape geopolitics more than oil in next 50 years, says manufacturer CEO
Global politics will be dominated by the availability, trade and investment in microchips for decades to come, Intel CEO Pat Gelsinger told the CNN on Tuesday (17). The location of the “petroleum reserves [tem] defined geopolitics over the past five decades,” Gelsinger said in an interview with Julia Chatterley of CNN at the World Economic […]
Mega-Sena: Draw this Wednesday (18) has an estimated prize of R$ 42 million
THE Caixa Econômica Federal holds, this Wednesday (18), the draw for the Mega-Sena contest 2,556. The prize is accumulated and estimated at R$ 42 million for those who match the six numbers drawn. The draw will be held at 20:00 (Brasília time), with a live transmission by Caixa’s social networks. In the last contest, drawn […]
Centrals meet today with Lula and consider three minimum wage policies; understand
President Luiz Inácio Lula da Silva meets this Wednesday morning (18) with representatives of the trade union centrals to start debates on a new policy for the minimum wage. It will be his first expanded meeting with trade unionists in this government, when the administration intends to announce the creation of a National Board to […]
Treasury initiates articulation with Congress to approve tax reform
Before the beginning of the legislative year, the Ministry of Finance has already started talks with Congress for the approval of the tax reform. This Tuesday (17), the Secretary for Economic Reforms, Bernard Appy, met with Deputy Baleia Rossi (MDB), author of PEC 45, and with Deputy Aguinaldo Ribeiro, rapporteur of the tax reform proposal […]