An increase of the indicator value may contribute to the rise in quotes of AUD.
29 September
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ECB increases rates again and plans to reduce balance sheet
On Thursday, December 15, the European Central Bank (ECB) increased its interest rate for the fourth time in a row. This time, it rose by 50 basis points. The bank also outlined its intention to start reducing the balance sheet from next March.
16 December 2022
Economic decline in France accelerated in December
December’s data showed that business activity in France contracted faster than in the previous month. These factors reinforce signs of an impending recession in the eurozone's second-largest economy, as high inflation puts a strain on business activity.
16 December 2022
ANZ Bank: approaching end of USD dominance
The growth rate of the U.S. dollar has been driven by the pace and size of interest rate increases. According to economists at ANZ Bank, the dominance of the U.S. dollar is coming to an end.
16 December 2022
Bundesbank says Germany's economy will contract through mid-2023
Bundesbank warned of tough times for the German economy through the middle of next year. German businesses and households will have to struggle to pay high energy bills, and it will take a while before Germany sees a recovery.
16 December 2022
Norway raises key rate and signals it’s nearing a peak
The Norges Bank raised its interest rate by 25 basis points Thursday, just as Bloomberg analysts forecasted. Thus, the current rate is 2.75%, the highest since February 2009.
16 December 2022
ECB raises expectations regarding rate hikes ahead of recession
The European Central Bank's (ECB) warning that sharp rate hikes are not over is raising the stakes about the start of the recession.
16 December 2022
In November, consumer inflation in Japan might hit new record high in forty years
Consumer price inflation will probably renew its forty-year maximum, raising above its previous record highs. According to a poll conducted by Reuters, the situation is reflected by how intensively companies pass the increased costs of energy, food and raw materials on consumers.
16 December 2022
Canadian dollar falls as ECB hawks spook investors
The Canadian dollar fell markedly against the stronger U.S. currency on Thursday. A flurry of interest rate hikes has affected sentiment and the Canadian real estate market keeps on weakening.
16 December 2022
U.S. gas surged 8% as demand doubled in a week
U.S. gas futures resumed hitting a local high of $7 per million British thermal units. The rise came on the back of a sharp weekly drop in gas inventories amid worsening weather conditions.
16 December 2022
End of the zero-COVID policy in China made forces analysts to adjust forecasts
Chinese authorities suddenly ended the zero-COVID policy, and it forced economists to sharply change their growth forecasts for the current and next year.
16 December 2022
