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15 July
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
Number of Amazon market sellers in United Kingdom grew by a quarter

An increase in the number of small and medium-sized enterprises engaged in trading activity on Amazon’s selling platform in Great Britain has been registered this year. The noted growth of more than 25% in this country has a faster pace than the growth in other European countries such as Germany, France, and Italy.

3 October 2022
Hedging against falling pound rises to post-Brexit levels

The pound's hedging premium recorded on Friday was the highest since the Brexit referendum vote in June 2016. This signal suggests that traders' expectations are associated with further losses. According to the data showing the options, the pound is expected to fall to parity with the dollar by the end of the year, and this probability is at the level of 24%.

3 October 2022