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19 March
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Unemployment in Australia fell unexpectedly
The unemployment rate fell to 3.4%, the lowest level since 1974, from 3.5% a month earlier, data showed Thursday. Employment rose by 32,200 in October, more than double the 15,000 increase that had been projected.
17 November 2022
Change in leadership at the central bank of Japan will take place next spring
The change in leadership at the Bank of Japan (BOJ) is scheduled for the spring of 2023, as Haruhiko Kuroda will step down as the bank’s Governor. Such changes might have a negative impact on the functioning of global financial markets, as well as provoke a lot of speculation.
17 November 2022
Cisco’s income forecast points to steady consumer spending
According to Cisco, quarterly sales for January will increase from 4.5% to 6.5%. Analysts expect revenue to be up 4% compared to last year. Revenue is projected to grow 6.5% in fiscal 2023, up as much as 6% from previous estimates.
17 November 2022
Fed's Waller: Inflation data makes a 0.5% rate hike possible
Analyzing the latest inflation data, Christopher Waller, a member of the Federal Reserve Board of Governors, gets more reasons for why the Fed needs to raise interest rates as soon as its next meeting, which will be in December.
17 November 2022
Xi Jinping Set for Japan Summit
People's Republic of China (PRC) President Xi Jinping is planning to hold bilateral talks with Japanese Prime Minister Fumio Kishida. The two leaders' meeting will be the latest in a series of summits that seek to ease tensions with U.S. allies.
17 November 2022
Foreign investment in U.S. Treasuries fell to its lowest level since May 2021
Data from the U.S. Treasury Department showed that foreign investment in U.S. Treasuries fell in September to its minimum level since May 2021.
17 November 2022
Increase in Japan’s trade balance deficit is caused by a weak yen
In October, there was an increase in Japan’s trade balance deficit because of a rapid growth of import costs, which, in turn, was driven by a record fall in the yen. Cumulatively, these factors have had a detrimental impact on the country’s economy.
17 November 2022
Nvidia's revenue exceeded expectations, the situation with profits is worse
Trading closed on Wednesday, after that Nvidia presented its third-quarter report.
17 November 2022
U.S. Secretary of Treasury: crypto markets needs more reliable supervision
On Wednesday, U.S. Secretary of Treasury Janet Yellen said that cryptocurrency markets require more reliable oversight. According to Reuters, this statement was made after the crash on the FTX cryptocurrency exchange.
17 November 2022
Gold faced resistance at $1780 and temporarily retreats
On Thursday gold prices fell from the key resistance level due to the decreasing demand for the metal as a safe amid waning fears over intensifying conflict in Eastern Europe.
17 November 2022
