An increase of the indicator value may contribute to the rise in quotes of AUD.
29 September
Other news
Categories
World investors are preparing for more chaos
The previous week was significant for the world markets. Central banks and governments have put even more effort into fighting inflation.
26 September 2022
Latest week events: the sell-off continues
In the coming week, investors have to analyse a huge amount of economic reports like the latest data on PCE inflation (the Fed's preferred inflation gauge), durable goods orders, consumer confidence and new housing sales.The third estimate of US GDP for the 2nd quarter should also be published.
26 September 2022
UK pound sterling falls as investors flee to the dollar
The pound sterling fell to its record low on Monday as frightened investors poured into the US dollar. According to Rabobank strategist Michael Every, investors should be buying the dollar as a risk-free trade and that is all they can really do.
26 September 2022
A million Australians will enter the cryptocurrency market within a year
According to the recently published survey data, around a million people in Australia will acquire cryptocurrency within the following year for the first time, therefore, resulting in increasing numbers of cryptocurrency owners in the country, which generally exceed the number of 5 million.
26 September 2022
McDonald's announces price increase in Japan amid rising production costs and weakening yen
The fast-food restaurant chain McDonald's in Japan announces a price increase on about 60% of menu items to eaters. This is influenced by rising input costs and currency fluctuations.
26 September 2022
Sales of electric cars will rise to new record high this year
According to the report of an International Energy Agency (IEA), global sales of electric vehicles doubled in 2021, adding up to nearly 10% of the automobile market. In 2022, they are expected to break another record and represent 13% of total volume of light duty vehicle sales globally.
23 September 2022
Nasdaq is entering the crypto industry
The U.S. exchange Nasdaq is taking its first steps into crypto services with a focus on security, going into market with its own product for bitcoin and ether that targets institutional investors.
23 September 2022
Central bank of Switzerland brought rates out of negative zone, hiking them by 75 basis points
On Thursday, it was announced that the central bank of Switzerland increased its key interest rate to the level of 0.5%. This has ended a notable historical period of negative interest rates in Europe.
23 September 2022
Forecast: Germany's economy will decrease by 0.4% in 2023
The economy in Germany will be in recession for at least three quarters. This is the economic forecast made by the Handelsblatt Research Institute (HRI) for Germany.
23 September 2022
Bank of Japan intervenes in the currency market to stop the yen from falling
Japan is trying to strengthen the weakening yen.
23 September 2022
