On Wednesday, data published by Canadian statisticians revealed that the Canadian annual inflation had reached a 18-year high level.
This week, the US Treasury announced that inflation, cyber-attacks and monetary tightening could cause systemic risk to the US financial system.
This week, the US President Joe Biden was expected to announce his choice for the position of the Chairman of the US Federal Reserve.
Data released on Wednesday revealed that the UK CPI had hit 4.2% instead of forecast 3.9%. Namely, inflation in the UK had reached a ten-year-high level.
On Wednesday, Reuters revealed that US rating agencies had stated to the news agency that the new Biden's spending plan would not impact inflation.
Chinese government research revealed on Wednesday that Chinese industry could hit peak coal consumption by 2024.
On Wednesday, the US Dollar index surged, as better than forecast retail sales data strengthened its value.
During Wednesday's trading hours, the price for Bitcoin continued to fluctuate below the 60,000.00 mark.
This week a group of US states filed an updated complaint about Google. The states accuse google of breaking antitrust laws.
The Secretary General of OPEC Mohammad Barkindo stated on Monday that the recent COP26 summit had set gas and oil as having no future.
Data released on Monday revealed that the Japanese GDP had decreased by 3.0% instead of the forecast shrinking of 0.8%.
This week, the President of the European Central Bank Christine Lagarde stated that current supply chain issues and energy costs would continue to slow down European economic growth.
On Monday, the Ministry of Economy of Germany announced that recent high inflation had been caused by the last year's value-added tax cut.
At the start of Monday's US trading hours, the stock price of Tesla returned to trading below the $1,000.00 per share mark.
On Friday, a Reuters poll results revealed that surveyed economists expect the Bank of England to be the first to hike interest rates already in December.
The German government recently released a statement, in which it revealed that Lufthansa had been repaying bailout aid earlier than scheduled.
On Friday, AstraZeneca revealed that the company would make an only modest profit from the coronavirus vaccine. The event caused a stock sell off.
The central banks of the United Kingdom and China have announced that they would extend their $55 billion worth currency swap line.
On Friday, Johnson & Johnson announced that the company intends to split into two entities, separating pharmaceuticals from consumer health.
During Thursday's trading hours, the stock price of FCX gained 9.02% or $3.41. At the start of Friday's US trading, the surge continued, as the stock gained additional 1.33%.
On Thursday, Subway was revealed to have been sued over its advertised "100% tuna," as testing had revealed that the products contain animal proteins.
This week, the Deutsche Bank stated that it expects the Central Bank of Turkey to cut interest rates to 14.00% by the end of this year.
British retailer B&M revealed this week that the company had prepared inventory for the upcoming Christmas season.
On Thursday, OPEC announced that the oil producer countries would decrease their global oil demand forecast, as recent energy prices had decreased demand.