Global stocks continue in green after better-than-expected PMI estimate. A substantial majority of Fed officials judged that it would be soon appropriate to slow the pace of the Fed funds rate hikes, as they evaluate the impact policy is having on the economy, minutes from the November FOMC meeting showed. Still, "various" policymakers viewed the peak rate as higher than before. The S&P Global Eurozone Composite PMI rose to 47.8 in November 2022 from October's 47.3 and above market expectations of 47, a preliminary estimate showed.
Domestic stocks dropped, profit-taking pressure continued to put pressure on. The increase in deposits took place in the context of the banking industry constantly chasing each other on the race of savings interest rates.
- Domestic and international news
- Deposits flowing to banks increased again #Bank
- Technical view and recommendations #BID
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