No change of the indicator value may reduce the volatility of the related markets.
No change of the indicator value may reduce the volatility of the related markets.
According to Bloomberg, the Bank of England will keep interest rates at 4.25% on Thursday. The regulator is likely to ease monetary conditions at every other meeting, as policymakers try to strike a balance between elevated inflation, slowing UK economic growth, and rising oil prices.
The number of jobs in Australia unexpectedly dropped in May. A slowing labor market could push the Reserve Bank of Australia (RBA) to cut rates in July, followed by another move in either August or September.
A decrease of the indicator value may contribute to the fall in quotes of AUD.
No change of the indicator value may reduce the volatility of the related markets.
A decrease of the indicator value may contribute to the rise in quotes of Heating Oil.
A decrease of the indicator value may contribute to the fall in quotes of Gasoline.
A decrease of the indicator value may contribute to the rise in quotes of Gasoline.
At its most recent meeting, the Bank of Japan maintained the interest rate at 0.5%, citing continued uncertainty regarding the country's economic growth prospects. This decision was widely expected by market participants and stabilized the dollar-yen exchange rate, according to Investing.com.
The world's largest economies are speeding up their plans to introduce custom digital currencies, known as CBDCs. Yahoo Finance reports that households may soon be able to make commission-free payments through official platforms using these state-backed cryptos.
According to the UK’s Office for National Statistics, annual inflation eased slightly in May but remained above the Bank of England’s 2% target.