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Headlines Nov 9th

11/9/2021

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​Biden extends emergency order for China investments for 1 year.
US EIA raises forecast for 2021 world oil demand growth by 60,000 bpd, now sees 5.11 mln bpd YoY increase.

SNB's Moser: SNB is technically capable of launching wholesale CBDC next year.
The UK CPI is expected to peak at roughly 5% in the second quarter of 2022, according to NIESR.
UK's NIESR: We forecast the BoE will hike rates to 0.5% by the second quarter of 2022, then pause until inflation has reached its peak.
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