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The U.S. dollar maintained its stability against other major currencies Tuesday as more Federal Reserve officials spoke in favor of even tighter U.S. monetary policy.

Japan's economic downturn came as risks of a global recession, a weak yen, and a sharp rise in the cost of imports weighed on both household consumption and business activity.

Based on the results of the policy meeting, which was held at the beginning of the month, the Reserve Bank of Australia (RBA) stated its intention to slow down the monetary policy tightening cycle by only a 25-basis-point increase in rates.

Walmart Inc., the largest U.S. retailer by sales volume, is likely to say on November 15 that its profit has declined for the third consecutive quarter as inflation reduces demand and product reserves remain high.

The U.K. government is set to release a detailed plan to restore the country's public finances.

Morgan Stanley notes that next year, the economies of the UK and the euro zone could face a recession. However, a strong US labor market could help the country avoid a recession.

The trading team Stockmoney Lizards is convinced that Bitcoin will recover from the decline driven by a black swan event — FTX collapse. The popular blogger shared his thoughts on Twitter. In his opinion, Bitcoin has already faced such events, like the recent one.

The Australian dollar rose significantly last week to a near eight-week high of 67.17 U.S. cents. That rate was contributed by lower US consumer price data, which questioned the need for further rate hikes by the Fed.

After the recent data publication that showed a possible peak of inflation being reached, Wall Street was united in celebration. Although some leading financial managers aren’t sharing such a euphoria.

Relatively high oil prices are encouraging the US energy companies to drill more.