An increase of the indicator value may contribute to the rise in quotes of AUD.
29 September
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API revealed decline of 4.8 million barrels in U.S. crude stockpiles last week
On Tuesday, The American Petroleum Institute (API) data showed that U.S. crude stockpiles dropped more than market expectations last week. At the same time, product inventories, including gasoline, showed an increase.
23 November 2022
Goldman expects 10-year Treasury Yields to be 4% or higher until 2024
The Federal Reserve System is fighting inflation and limiting the economic downturn successfully, so U.S. benchmark bonds will trade at 4% yield level or higher.
23 November 2022
First batch of Brazilian corn heads to China this week
The first ship heading the Brazilian corn will sail to China on Wednesday. It was a result of a deal the countries concluded earlier.
23 November 2022
New Zealand increased interest rate to record levels
On Wednesday, New Zealand’s interest rate was increased to a record high level by the country’s central bank.
23 November 2022
Fed's Esther George says higher rates are needed
Esther George, president of the Federal Reserve Bank of Kansas City, said that households with lots of savings will be able to feel comfortable during tough times. However, in her opinion, raising interest rates is necessary in any case, as it will help cool spending.
23 November 2022
Gold stable in anticipation of FOMC meeting on December 15
Gold prices stabilized on Wednesday amid expectations of new Federal Reserve interest rate measures.
23 November 2022
Declining oil inventories in the U.S. and uncertainty about supplies from Russia support oil
Oil prices surged as trading opened on Wednesday. The rise took place amid the release of industry data, showing more crude stockpile cuts than expected.
23 November 2022
U.S. dollar stabilized ahead of the Fed’s minutes release
The U.S. dollar has stabilized ahead of the Federal Reserve’s (Fed’s) latest minutes release. This might be driven by investors’ more risk-averse behavior, as they await information on the following monetary policy course.
23 November 2022
Canadian Economy quickens contrary to expectations
According to preliminary data last month, the Canadian economy was marked by periods of activity. This fact may call into question the data on the level of a slowdown in the fourth quarter.
23 November 2022
G7 countries to soon announce limit prices for Russian oil
The G7 countries should soon announce price caps for Russian oil exports.
23 November 2022
