3rd January 2023

  • IMF’s Georgieva Expects Third of World to Suffer Recession

Georgieva warns of ‘tough year’ for world economy in 2023

Kristalina Georgieva comments in CBS’s ‘Face the Nation’

https://blinks.bloomberg.com/news/stories/RNUM2KT1UM0W

  • Asia Factories Remain Under Pressure as Global Demand Slows

Gauges for Taiwan, Malaysia and Vietnam remain in contraction

Data follow report showing China’s manufacturing worsened

https://blinks.bloomberg.com/news/stories/RNW1HDT0AFB4

  • Oil Advances as Traders Track China Signals at Start of the Year

Mobility data in top importer suggest activity may be on mend

WTI futures rise toward $81 a barrel after capping annual gain

https://blinks.bloomberg.com/news/stories/RNWEAKT0G1KW

  • Fed Reverse Repo Facility Use Jumps to Record $2.55 Trillion

Demand leaped by $245 billion on final trading day of the year

Dealers scrambled to stash cash, shore up balance sheets

https://blinks.bloomberg.com/news/stories/RNPV4FDWRGG4

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