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

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Rise in prices showed the need for a further fight against inflation

A key report about the inflation level showed that the rise in consumer goods prices was higher than expected.

14 October 2022
Windows users will have access to Apple services

Xbox and Windows 11 users will have access to Apple TV, Apple Music and iCloud apps.

14 October 2022
Google to face new EU antitrust charges

Google could face a lawsuit in the EU that accuses it of anticompetitive conduct in the digital advertising. The company risks its fourth billion-euro fine.

14 October 2022
Clients of Bank of America have used virtual assistant more than a billion times

According to Bank of America (BofA), since the launch of the mobile banking application in 2018, 32 million customers have used a virtual assistant, which allows checking payments and account balances, as well as tracking their expenses, more than 1 billion times.

14 October 2022
Fed hikes interest rates due to high inflation

The Federal Reserve Bank will hold another significant interest rate hike in early November, so that the 4,75%-5% mark will already be set for next year due to the persistently high inflation rate.

14 October 2022
Oil is likely to fall due to growing recession risks

The price for oil fluctuates as reduced energy consumption is possible due to the upcoming global recession and further monetary tightening.

14 October 2022
Swiss central bank raised $6.3 billion through a swap line with the FRS

Data from the Federal Reserve Bank of New York shows that the U.S. Federal Reserve's currency swap line brought almost $6.3 billion to the Swiss National Bank (SNB)

14 October 2022
ECB officials see less of a rate hike than market estimates

According to a new internal model that could play a key role in further discussions, European Central Bank officials believe that rates need to be raised at a lower rate than what markets currently expect in order to contain inflation.

14 October 2022
Executives of major U.S. banks: high capital requirements hurt lending

At the moment, the U.S. Federal Reserve is engaged in a thorough review of what bank capital should be. Thus, it’s absolutely clear that the introduction of stricter rules for certain categories of banks is inevitable.

14 October 2022
Inflation in Japan may reach a maximum of 8 years

The results of a Reuters poll on Friday showed that in September Japanese consumer inflation probably reached an eight-year-high.

14 October 2022