International Markets – WORLD – World Journal of Economics

international marketsIn China, whose economic growth has slowed due to the zero covid policy and has been the scene of protests, the last pandemic restriction has been lifted and the country’s borders have been opened.In China, whose economic growth has slowed due to the zero covid policy and has been the scene of protests, the last pandemic restriction has been lifted and the country’s borders have been opened. According to a statement made yesterday by China’s National Health Commission, passengers arriving in the country will not need to be quarantined for 8 days from Jan. 8. The direction of global markets this morning is determined by China’s lifting of quarantine measures for arriving passengers and a winter storm in the US. The US dollar and the Japanese yen are falling after the lifting of restrictive measures by China reduced the demand for asylum. Oil prices are rising due to the lifting of measures to combat coronavirus in China and low temperatures in the US, which caused the closure of refineries. Most stock markets were closed yesterday due to the Christmas holidays. All US markets and most European markets did not trade yesterday. Today, after China lifted lockdown obligations, travel and consumer-focused stocks traded on Asian stock exchanges stood out with a mixed outlook, while U.S. futures have a positive outlook. European markets are also dominated by mixed forecasts, with continued reports from the European Central Bank about a tight monetary policy. Member of the Board of the European Central Bank Isabelle SchnabelAccording to , he stated that in order to reduce inflation to target levels, interest rates should be increased to the restrictive zones. Schnabel stated that they cannot yet say the net interest level for the restrictive zone, and that this rate means above the neutral interest rate. ECB members recently reported a higher final interest rate than expected by the market. Last week, ECB Vice President Luis de Guindos also said that the tight monetary stance could be maintained for some time.