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19 March
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UK tax backdown bounces stocks and pound sterling
Pound sterling flew up to a nearly two-week high after tax cut plans wreaked havoc on British assets.
4 October 2022
Morgan Stanley expects U.S. stocks to decline
As analysts at Morgan Stanley, acting as an American financial conglomerate, note, the Federal Reserve (Fed) is unable to halt the upcoming earnings recession in the U.S.
4 October 2022
Central bank of Australia slows the rate hikes
The Reserve Bank of Australia increased the key interest rate only by 25 points.
4 October 2022
Tesla's logistical challenges overshadow record deliveries
On Sunday, Tesla Inc. announced a drop in electric vehicle deliveries in the third quarter. Logistical problems were the obstacle for the company to achieve its record deliveries.
3 October 2022
Oil recovers as OPEC+ countries cut production
OPEC+ is considering cutting production by more than 1 million barrels per day, causing oil prices to jump. Such a measure is designed to support prices. The 1 million bpd cut is the largest since the COVID-19 pandemic.
3 October 2022
Alice Bowen becomes Disney+ executive
The Walt Disney Co. appointed Alice Bowen as president of Disney+.
3 October 2022
Atlanta Fed President Bostic supports rate hikes to 4.25%–4.5% towards year’s end
As it was stated by President of the Federal Reserve Bank of Atlanta Raphael Bostic, inflation turned out to be stronger than he had initially supposed. Due to this fact, Bostic expressed his support for further interest rate hikes by additional 1.25 basis points towards this year’s end.
3 October 2022
Inflation in Switzerland unexpectedly slowed down in September
Consumer inflation in Switzerland decreased to 3.3% in September.
3 October 2022
RBA is prepared for one last powerful rate hike before slowing down
In an effort to tackle inflation without suppressing economic growth, the Reserve Bank of Australia (RBA) is rallying traders and economists, anticipating an imminent interest rate hike at Tuesday's policy meeting.
3 October 2022
Truss speaks in favor of an economic plan at British Conservatives gathering
British Prime Minister Liz Truss attempted to reassure the public, as well as to convince the Conservative Party by stating she needed to put more effort into "laying the ground" for an economic plan. As a result, the proposed course brought the pound down to an all-time low.
3 October 2022
