| Time | Country | Event | Period | Previous value | Forecast | Actual |
|---|
| 09:00 | Eurozone | Private Loans, Y/Y | November | 4.1% | | 4.2% |
| 09:00 | Eurozone | M3 money supply, adjusted y/y | November | 7.7% | 7.6% | 7.3% |
USD rose slightly against most of its major counterparts in the European session on Wednesday, as investors continued to watch coronavirus developments around the world.
The U.S. Dollar Index (DXY), measuring the U.S. currency's value relative to a basket of foreign currencies, edged up 0.02% to 96.22.
Latest Covid statistics show a sharp increase in infections worldwide in the past month as the Omicron coronavirus variant is spreading fast. As a result, the global daily number of new infections hit a record level on Monday.
According to Johns Hopkins’ data, the daily number of new Covid cases in the world reached 1.49 million on Monday. The U.S. also reported a record number of new confirmed cases of 512,553.
Meanwhile, the total number of global deaths since the start of the Covid-19 pandemic rose to 5.4 million. The U.S. deaths exceeded 820,000, making up more than 15% of the total global death toll.