Our Economy and the World Issue 339

22-10-2023

This week’s issue of “Our Economy and the World” includes:

Key Global and Regional Developments over the Past Week

  • Reuters: US crude, fuel stockpiles fall on strong distillate demand
  • Reuters: Dollar gains against euro as Fed, Middle East in focus
  • Bloomberg: UK inflation stays higher than expected after oil price jump
  • Reuters: Wall Street brokerages raise China’s 2023 economic growth forecast

Special Analysis 

  • World Bank: MENA Economic Update, October 2023 – Balancing Act: Jobs and Wages in the Middle East and North Africa When Crises Hit

Developments in Financial and Commodity Markets in the Past Week

  • Reuters: Oil up about 2% on big US crude storage draw, Middle East tension
  • CNBC: Dow closes more than 300 points lower as 10-year Treasury yield soars to another 16-year high