Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations 
Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets 
FxWirePro: Daily Commodity Tracker - 21st March, 2022 
Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface 
Oil Prices Rebound as U.S.-Venezuela Tensions Offset Oversupply Concerns 
New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes 
Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist 
U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge 
China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand 
Last week’s GDP report showed that the U.S. economy grew by 4.1 percent in the second quarter on an annualized basis, which was the highest pace of growth since 2014. The GDP growth beat the ‘GDPNow’ forecast that predicted a 3.8 percent growth. While some of President Trump’s critic said that this is likely to be a one-time event, the latest ‘GDPNow’ forecast released by Atlanta Fed suggests that the momentum is likely to continue further.
The latest forecast which is based on the United States’ economic performance for just one month to the third quarter suggests that the GDP growth would surpass the second quarter as the economy is expected to grow at 4.7 percent in the third.
