An increase of the indicator value may contribute to the rise in quotes of AUD.
29 September
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People's Bank of China changes yuan fix pattern
The People’s Bank of China strives to limit currency weakening through a mechanism last seen in the U.S.-China trade war in 2019.
13 October 2022
The Bank of Japan will hold its next meeting on October 27-28
On Wednesday, the IMF's Salgado said that generally a weak yen would be good for the Japanese economy, but it’s worth bearing in mind that parts of it may experience difficulties. Those with a large share of imports could be particularly affected. Earlier, the head of the Bank of Japan expressed a similar point of view.
13 October 2022
Chevron sees an opportunity to grow LNG supplies to Europe
Chevron expects to export most of its liquefied natural gas (LNG) from the US due to high LNG prices in Europe.
13 October 2022
Fed minutes: it’s better to make too many efforts than too little
Insufficient measures to combat inflation in the United States are likely to affect the country’s economy more than aggressive policies for its reduction. This was reported by representatives of the Federal Reserve (Fed) at the last session in September.
13 October 2022
IMF supports a firm stance of the head of the Bank of Japan
According to the International Monetary Fund, at present the Bank of Japan is not recommended to even consider policy adjustments to improve the sustainability of yield curve control, because they can be perceived as an attempt to tighten.
13 October 2022
Weak yen is testing the 1998 minimum
The yen has almost reached its August 1998 minimum. This has encouraged the Japanese authorities to intervene by buying the yen.
13 October 2022
The outcomes from minutes of Fed’s September meeting
Policymakers reaffirmed their firm commitment to bringing inflation back to the Fed's 2% target, with many officials stressing the need to stay the course even as the labor market slows.
13 October 2022
Dollar rises ahead of the consumer price index data
In anticipation of the release of data on inflation in the United States, which are under scrutiny, the US currency continues to demonstrate growth. As expected, the data may show that annual CPI inflation stayed above 8% in September, being near the 40-year high that was reached earlier this year.
13 October 2022
UK economy on the verge of recession
The UK is likely to fall into recession, as the economy has unexpectedly slowed down in August. For Prime Minister Liz Truss, this fact only makes it more difficult to fulfill the promises she made about accelerating growth.
13 October 2022
OPEC cuts forecasts for oil demand growth in 2022 and 2023
On Wednesday, OPEC lowered its world oil demand growth outlook in 2022. It is the fourth cut in forecast this year since April. OPEC also trimmed its figure for the next year, citing slowing global growth, resurgence of COVID-19 restrictions in China, and high inflation rate.
13 October 2022
