An increase of the indicator value may contribute to the rise in quotes of AUD.
29 September
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New Zealand’s unemployment remains at record low
New Zealand's unemployment data showed that the third quarter indicators remained the same. However, a wage growth took place, putting more pressure on the central bank to keep interest rates hiking.
2 November 2022
Fed to hike rates again and open door to downshift in the future
The Federal Reserve is expected to hike rates by 75 basis points on Wednesday to a range of 3.75 to 4%. Thus, rates will be at their highest since 2008.
2 November 2022
ECB could start shrinking balance sheet next year
Bundesbank President Joachim Nagel outlined an ambitious 8.8 trillion euros balance sheet reduction plan. Nagel said the European Central Bank intends to cut a huge balance sheet from government bonds early next year.
2 November 2022
Oil prices rise amid expectations of demand from China and a decline in U.S. inventories
Oil prices rose on Wednesday after industry data showed a sudden drop in U.S. crude inventories, indicating continued demand despite a significant increase in interest rates holding back global economic growth.
2 November 2022
Swedish Match long-term shareholder opposes deal with Philip Morris
Philip Morris International Inc made the "best offer" to acquire Swedish Match AB. It was set to pay 116 Swedish crowns ($10.53) per share. Framtiden Partnerships, a Swedish Match shareholder for nearly two decades, said it would reject the deal.
2 November 2022
Energy crisis can provoke quick deindustrialization of Europe
This month the level of manufacturing activity in the Eurozone fell to its lowest point since May 2020. This suggested that the countries of Europe are approaching a recession.
2 November 2022
BOJ admits the possibility of moving away from yield curve control policy in the future
Bank of Japan Governor Haruhiko Kuroda says that a change in monetary policy in Japan is possible, but in the future. For now, the Bank of Japan is sticking to its yield curve control (YCC) policy.
2 November 2022
J&J buys Abiomed for $16.6 billion
U.S. Johnson & Johnson inked a deal Tuesday to buy heart pump company Abiomed Inc for $16.6 billion in cash, according to Reuters, as the company seeks to boost its medical device business following a planned spin-off of its over-the-counter drugs unit next year.
2 November 2022
Gold is rising ahead of the Fed’s decision on the interest rate
According to Investing.com, today, on November 2, gold prices have increased due to the dollar’s stabilization ahead of the Fed meeting conclusion. Many expect that at this meeting the Fed will raise interest rates by 0.75% again.
2 November 2022
Apple's App Store Revenue Declines
On Thursday, analysts of BofA Securities published a note indicating that Apple's shares still have a neutral rating and the $160 price target. Investors announced that App Store revenues declined in comparison with the previous year.
2 November 2022
