An increase of the indicator value may contribute to the rise in quotes of AUD.
29 September
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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
Bond profitability dropped after the Bank of Japan increased its purchases
The Bank of Japan increased the planned bond purchases in the current quarter.
3 October 2022
OPEC+ considers the possibility of cutting oil production of more than a million barrels per day
For the first time in a few years, the Organization of the Petroleum Exporting Countries (OPEC+) will consider the possibility of oil output cutting of more than a million barrels per day. The issue will be discussed at an OPEC+ offline meeting in OPEC’s Vienna headquarters on October 5, 2022.
3 October 2022
Amazon India Launches Live Shopping
Amazon.com Inc. has introduced a live-streaming feature to promote products on its Indian platform. This format is already quite popular in China. With its help, the company aims at increasing sales in Asia's third-largest economy.
3 October 2022
Consumers of the USA continue to spend money
Americans earned and spent more in August which is a sign that the economic recovery is continuing.
3 October 2022
