This week, the Chinese government was set to announce its 2022 GDP growth target. Markets expect a downwards revision of GDP growth.
On Tuesday, the Turkish Lira gained nearly 15%, as the President of Turkey Tayyip Erdogan revealed that local currency deposits would be guaranteed against market volatility.
Sky News revealed this week that the Davos World Economic Forum would be called off due to the coronavirus.
On Monday, Moderna announced that the booster dose of its coronavirus vaccine is capable of protecting against the Omicron variant.
This week, crude oil prices continues to decline, as the price drop was attributed to an expected decrease of demand due to the spread of the new coronavirus variant.
In early December, central banks set a course on a stimulus decrease, as the global economy had reportedly started a recovery.
Last week, Facebook revealed that various private surveillance firms had been hacking or abusing the platform targeting a total of 50,000 people.
Alibaba has announced that it has set a $100 billion gross merchandise volume target for Lazada in Southeast Asia.
After a lift of a ban issued by the Chinese government, Tencent has been allowed to resume the publication of app updates.
On Friday, the Bank of Japan revealed that it would decrease pandemic funding, as a recovery of the Japanese economy has been observed.
The US government announced this week that it would issue in subsidise $2.89 billion to 3,075 airports.
On Thursday, Adidas revealed that the company would buy back shares valued at 4 billion Euro by the year of 2025.
This week, Delta Air Lines announced that the company expects to return to annual profit in the year of 2022.
On December 17, the Bank of Japan published its Monetary Policy Statement. The bank kept its interest rate at -0.10% and extended the non-government covid relief loan program.
On Thursday, the Governor of the Bank of England announced that the central bank had to raise interest rates due to inflation pressure.
During the week that ended on December 11, the weekly US unemployment claims increased by 18,000.
Google announced on Wednesday that the company had submitted proposals to French regulators that would deal with disputes with publishers and news agencies.
At 12:45 GMT, the Euro jumped against peer currencies, as the European Central Bank published its Monetary Policy Statement. The EUR/USD gained 28 base points or 0.25%.
This week, the Prime Minister of Japan Fumio Kishida stated that for years the Japanese government had overstated values of construction orders.
At 12:00 GMT on Thursday, on the publication of the Bank of England Monetary Policy Summary, the value of the GBP immediately jumped on all GBP pairs. The GBP/USD surged by 75 base points or 0.56%.
On Wednesday, Zoom Video Communications joined Microsoft, Meta Platforms and other US tech companies in the Global Internet Forum to Counter Terrorism.
On December 16, the Swiss National Bank published its Monetary Policy Assessment. In general, the bank kept its policy unchanged. The deposit rate would remain -0.75% and the bank would intervene into forex markets to push the value of the Swiss Franc down.
The new German Chancellor Olaf Scholz announced this week that the German economy would be made ready for the future via digitalization and climate protection.
This week, the government of the Netherlands announced that it would invest additional 35 billion Euros into carbon neutral energy, possibly including nuclear power plants.