An increase of the indicator value may contribute to the rise in quotes of AUD.
An increase of the indicator value may contribute to the rise in quotes of AUD.
According to statements by the U.S. Federal Reserve (Fed) officials, in order to effectively curb inflation, it’s necessary not only to increase borrowing costs, but also to raise interest rates slightly more than previously predicted.
The Wall Street Journal writes that Chevron needs to solve a number of technical problems, covering the infrastructure restore.
On Monday, the head of the European Central Bank Christine Lagarde declared that inflation in the eurozone (EZ) hasn’t yet reached the maximum. It can even exceed the expectations.
Italian companies are still in no hurry to pay their debt obligations, while the rest of the Eurozone countries are trying to reduce public loans.
On Monday, there was a fall of gold prices below the key support level. Such a drop in price was driven by a hawkish sentiment of the Federal Reserve’s (Fed’s) representatives, which caused investors’ confusion.
Highly leveraged companies are once again ramping up long-maturity loans amid an expected slowdown in the Federal Reserve's interest rate hikes.
Oil prices jumped on Tuesday, driven by traders' confidence in recent market weakness. It will contribute to further supply cuts by OPEC. At the same time, anti-government protests in China and hawkish statements from the Federal Reserve worsened demand prospects.
On Monday, Thomas Barkin, president of the Federal Reserve Bank of Richmond, expressed his support for a slower pace of the Fed’s rate hiking aimed at taming extremely high inflation.
Regarding the continuing growth of inflation, some investors expect that the monetary policy of the Bank of Japan (BOJ) may change soon. For this reason, long-term government bond yields have increased for two trading sessions in a row.
The U.S. dollar / Swiss franc currency pair has been on a three-day upward trend. Negative sentiment of traders and investors, also due to the unrest in China, support the U.S. dollar.