At 09:00 (GMT+2), the November data on the volume of production in the manufacturing industry from the National Statistical Office of the United Kingdom (ONS) will be published – one of the main indicators reflecting the state of the sector. The value is expected to correct from 0.7% to –0.2% MoM and from –4.6% to –4.8% YoY. Implementation of the forecast may harm the exchange rate of the national currency.
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Oil Prices Drop Ahead Of Fed Announcement
After reversing last week’s rout and rising for two consecutive days earlier this week, oil prices were down on Wednesday morning in Asian trade ahead of a Fed update on interest rates and other monetary policy measures. At the time of writing, Brent c...
European Spring? Germany Braces For Major Strikes While France Burns
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The "winter of discontent" that has been sweeping across Europe has now escalated into a "spring of discontent," with strikes and protests set to spread from France, Gree...
Robust EV Demand Sends Argentina’s Mining Exports To A 10-Year High
Exports of mined commodities from Argentina hit the highest in 10 years in 2022 driven by demand for EV battery metals, notably lithium. Argentina made $3.86 billion from mined commodity exports last year, Reuters reported, citing government data, with...
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