An increase of the indicator value may contribute to the rise in quotes of AUD.
29 September
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Oil prices fluctuate amid growing fears of declining demand
OPEC as well as the U.S. Department of Energy are forecasting a decline in oil demand. Moreover, in China, the largest importer of oil in the world, assumptions about a decrease in demand also cause concern, since a decrease is very likely amid a new outbreak of COVID-19.
13 October 2022
Japanese government is committed to taking action against speculative movements of yen
According to a statement made on Wednesday by Minister of Finance of Japan Shunichi Suzuki, the country’s government is committed to taking decisive actions towards financial markets in case any speculative movements of the national currency are spotted.
13 October 2022
Credit Suisse expects Microsoft revenue to decline
Credit Suisse on Wednesday revised downward its forecasts for Microsoft, stressing that overstocking and economic instability are causing "the steepest decline in the PC market in two decades."
13 October 2022
Tesla's Model Y is the best-selling car in Germany
Tesla is still the most popular electric vehicle brand in Germany.
13 October 2022
Boeing completes sale of 10 777-8 aircraft to Cargolux
On Wednesday, it was announced that the Boeing company finalized an order for 10 777-8 model aircraft. The order was placed by Cargolux, a Luxembourgian flag carrier cargo airline, which is one of the most significant Europe airlines of this type. Cargolux has ordered Boeing’s brand new model of a freighter to renew its fleet and replace its 747-400 cargo aircraft.
13 October 2022
Credit Suisse downgrades Boeing
After an underperforming rating for Boeing's shares and a $98 per-share price target for Boeing by Credit Suisse analysts, the company's stock tumbled about 1% ahead of Wednesday's open.
13 October 2022
Cisco and Microsoft cooperate to implement Teams on Cisco’s devices
On Wednesday, Cisco Systems Inc. together with Microsoft announced their cooperation aimed at adding Microsoft’s Teams on Cisco's devices for meetings. The Microsoft Team communication platform is suggested to be offered as an alternative to Cisco’s service for video conferences called Webex.
13 October 2022
Cleveland’s FRB President says interest rates should be hiked further
Loretta Mester, acting as the head of the Federal Reserve Bank (FRB) of Cleveland, announced the need for further monetary tightening. According to data released Tuesday, measures taken by the U.S. Federal Reserve, were insufficient to reduce inflation.
13 October 2022
Japanese politicians warn against selling the yen and bonds
Japanese politicians continue to warn investors against selling Japanese currency as the dollar rose to a 24-year high against the yen on Wednesday, sparking rumors of a second сurrency intervention wave.
12 October 2022
Bank of England cautions that significant risks of financial crisis in Great Britain still remain
Additional support from the Bank of England was provided for the British markets, which are still shaken by recent government statements in favor of tax reduction and increasing the volumes of borrowing.
12 October 2022
