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

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Boeing may extend the certification timeline for the MAX aircraft

Boeing Co. wants to convince the U.S. Congress to extend the deadline for certifying two new variants of the 737 MAX.

20 October 2022
The yen has reached the key level of 150 against the dollar. Markets prepare for intervention

Shunichi Suzuki said Thursday that he would take "decisive steps" to combat excessive volatility in the currency market. Japan is thus renewing its threat to intervene, which was triggered by the yen falling to a 32-year low and the currency approaching the key barrier of 150.

20 October 2022
Inflation in the EU decreased slightly, but remained almost at a record high

In September, recorded level of Euro zone consumer inflation was insignificantly lower than awaited, but still remained at a record high, thereby confirming the market expectations about the interest rate hike.

20 October 2022
UK inflation rises back to 40-year high

Inflation in the UK has spiked back to its 40-year high in September as food and energy prices rose. But it may reach a peak as households cut back on expenses amid economic shocks.

20 October 2022
A Fed rate hike could boost Bank of America's profits by more than $1 billion

Bank of America CEO Brian Moynihan said a sharp increase in Federal Reserve interest rates would have a positive impact on the bank's profits in 2023.

20 October 2022
The Canadian dollar falls as hopes for inflation to peak fade

Due to the fact that the US dollar shows a general increase, there is a weakening of the Canadian dollar against the US currency. Nevertheless, with the release of up-to-date data on inflation within the country, there was a containment of the fall of the official currency of Canada.

20 October 2022
Walmart witnesses strong consumer demand

American consumer spending is still strong, as CEO of Walmart U.S. John Furner says. Since retail representatives monitor the market on a regular basis, they consider demand in the United States to be steady.

20 October 2022
Gold is declining due to rapid growth of U.S. Treasury yields

A three-week low has recently been reached by gold prices due to expectations of further interest rate increases by the Fed.

20 October 2022
Japan imports surge on weaker yen

Japan imports rose by more than 40% in September for the fifth month in a row, reaching the highest level ever observed. This result was due to the fact that the falling yen exacerbated the already high cost of fuel imports, thereby raising fears of cost inflation.

20 October 2022
Uber expects to increase income by providing advertising

The Uber Technologies company, which provides various taxi-related services, is opening its own advertising business unit. The international taxi service is expecting to bring more diversification to its ways of profiting by starting business with brands and advertisers.

20 October 2022