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An increase of the indicator value may contribute to the rise in quotes of AUD.

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Japan inflation reached 3% for the first time since 1991

Inflation in Japan has reached 3% for the first time in three decades, which only reinforced doubts about the need for further central bank stimulus for the currency.

21 October 2022
JPMorgan Hires New Head of Cryptocurrency Regulation

As part of JPMorgan's policy and regulatory efforts, Aaron Iovine, the former head of the bankrupt Celsius Network, has been hired to lead the cryptocurrency regulatory department.

21 October 2022
Inflation has peaked, say almost 90% of fund managers

Throughout this year, leading economists, as well as the giants of Wall Street, have been persistently warning about the upcoming recession.

21 October 2022
Google is fined $162 million by the antitrust regulator in India

India's antitrust watchdog has ordered Google to reconsider their approach to Android platforms. Using unfair competition practices led to the company’s fine of 13.38 billion Indian rupees ($161.95 million).

21 October 2022
Twitter has no plans for major layoffs after Elon Musk deal is closed

According to Sean Edgett, Twitter has no plans for major layoffs after Elon Musk deal is closed.

21 October 2022
General Electric's earnings could decline for the first time in 5 quarters

General Electric Co is likely to report lower earnings and unchanged revenue in the third quarter because of bottlenecks in the supply chain, drop in demand and shrinking margins.

21 October 2022
AT&T stock rises as earnings beat analysts' estimates

AT&T shares rose after the company raised its annual profit forecast. AT&T reported third-quarter profit of $0.68 per share on revenue of $30 billion, topping estimates of $0.61 per share and $29.87 billion in sales.

21 October 2022
Amazon tops Morgan Stanley's stock rating

Amazon is expected to release its third-quarter earnings report next week. Prior to data publishing, analysts at Credit Suisse, acting as financial conglomerate, downgraded the company's stock price target from $170 to $159.

21 October 2022
Tesla shares fall amid fears Ilon Musk about declining demand

Shares of Tesla Inc have fallen after CEO Elon Musk said it's becoming a little harder for the electric carmaker to attract customers at a time of economic downturn around the world.

21 October 2022
Oil has stabilized

Amid the weakening of optimistic sentiment regarding the likely increase in energy demand in China, and as the market weighed in on fears of a skyrocketing inflation, oil prices were fixed.

21 October 2022