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Australian dollar declines amid unexpected drop in retail sales in Australia

According to data released on Monday, retail sales in Australia unexpectedly dropped in October, marking the first fall of the year. Rising inflation and higher interest rates negatively influenced consumer spending.

28 November 2022
Yen traders encouraged by further rise in Japanese currency

Traders are encouraged by the further strengthening of the yen, which has recently been under pressure.

25 November 2022
Canada to invest C$1.6 billion in climate change adaptation strategy

Canada on Thursday released its first-ever national climate change adaptation strategy, which includes C$1.6 billion ($1.2 billion) in new federal funding commitments.

25 November 2022
Ghana plans to buy oil with gold instead of U.S. dollars

On Thursday, Ghana's Vice President Mahamudu Bawumia posted on Facebook that the Ghanaian government is considering a new policy of exchanging gold

25 November 2022
Bank Societe Generale recommends using gold as a defensive asset

Recently bank Societe Generale has recommended that clients hold part of their savings in gold to stabilize their investment portfolio. It occurred because lately, the price of this precious metal has demonstrated stable and steady growth.

25 November 2022
Future of British production sector looks darker

A survey made on Thursday by The Confederation of British Industry (CBI) showed results that may not seem the most iridescent.

25 November 2022
Bank of Mexico sees easing of inflation risks, but further rate increases are possible

On November 10, the monetary policy protocol of the Bank of Mexico was released. It says about a possible increase in interest rates in the future

25 November 2022
Pressure on dollar is exacerbated on prospects of slower Fed hikes

The dollar is seeing a decline on Friday. The Fed may slow the pace of interest rate hikes, and that keeps investors optimistic.

25 November 2022
ECB's Schnabel rejects small rate hikes

Many European Central Bank (ECB) officials have spoken out against sharp interest rate hikes. However, Isabel Schnabel, a member of the ECB's board member, has a different opinion from her colleagues on the issue. She stressed that smaller hikes wouldn’t help to curb inflation.

25 November 2022
Inflation in the consumer’s sector in Tokyo rapidly grows

In November, the core consumer prices in Tokyo showed the fastest annual growth rate in 40 years. They have overcome the 2% indicator of the central bank for the sixth month in a row. This situation indicates heightened inflationary pressure.

25 November 2022