The oil price will end this week for the third consecutive decrease in 3 weeks. Fears of future globalization were heightened this week as both World Bank and the international monetary fund warned of a possible economic slowdown in late 2022 and 2023.

This data was initially given in a preliminary form and then it was revised after a period of 14 days because it is distributed earlier in time. The preliminary release typically has the most influence.Consumers spending which accounts for most of the overall economic activity is a leading indicator that can be predicted with higher using financial confidence.