EUR/USD 1.15786
0.093%
Gold 4416.55
0.925%
Oil 84.090
3.197%
USD/JPY 159.461
0.066%
GBP/USD 1.35424
0.060%
GBP/JPY 215.934
0.117%
Browse More
  • English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
NASA has selected four companies to provide processing facilities services for mission payloads. The selected companies include Blue Origin, Firefly Aerospace, and L3Harris. The total value of the contracts could reach up to $100 million.According to the UAE News Agency, the UAE Foreign Minister and the Kuwaiti Foreign Minister spoke by phone, discussing the latest situation in the region and efforts to strengthen security and stability in the Middle East.The Dow Jones Industrial Average closed down 272.39 points, or 0.51%, at 53,460.02 on Monday, August 17; the S&P 500 closed down 40.39 points, or 0.52%, at 7,745.37 on Monday, August 17; and the Nasdaq Composite closed down 84.25 points, or 0.32%, at 26,644.91 on Monday, August 17.August 18th - According to sources familiar with the matter, Anthropics current performance suggests that its annualized revenue is on track to exceed $65 billion, more than seven times the level at the end of last year. The sources stated that as of the end of July, Anthropics annual recurring revenue (ARR) had reached $65 billion. One source indicated that Anthropic shared this figure in its regular updates to investors. This significant acceleration in revenue further strengthens Anthropics confidence in advancing its IPO plans. Both Anthropic and OpenAI have secretly filed IPO-related documents, and Anthropic is expected to go public on Wall Street as early as this fall, potentially earlier than OpenAI.August 18th - Data from the U.S. Treasury Department shows that in June, the amounts of U.S. Treasury bonds held by the UK, Japan, and China all decreased compared to May. Specifically, Japan held $1.117 trillion in U.S. Treasury bonds, a decrease of $26.4 billion from May; the UK held $939.9 billion, a decrease of $8.7 billion; and China held $633.4 billion, a decrease of $26 billion.

AUD/NZD moves within a 23-pip band due to Australian inflation that is lower than predicted

Alina Haynes

Nov 30, 2022 15:27

截屏2022-11-30 上午10.58.10.png 

 

The AUD/NZD pair swung wildly between 1.0764 and 1.0787 throughout the Asian session after the Australian Bureau of Statistics reported lower-than-anticipated Australian inflation data. The Consumer Price Index (CPI) for October reported a decrease in inflation to 6.9%, when market participants had predicted an increase to 7.4%.

 

If inflation declines, policymakers at the Reserve Bank of Australia (RBA) would likely heave a sigh of relief. Since inflationary pressures had previously shown little indication of abating, the Australian central bank was particularly concerned. In order to combat inflation, the market predicted that RBA Governor Philip Lowe will be forced to return to a rate hike structure of 50 basis points (bps).

 

As the inflation rate has fallen below 7.0%, the RBA may retain its present timetable of 25 basis point rate hikes to sustain economic prospects and satisfy its duty to seek price stability.

 

Investors are currently monitoring the development of the Chinese demonstrations. As a result of the public's enraged and exasperated lockdown protest against Covid, economic projections have become more bleak. This has held the antipodeans captive to bears for the past week.

 

Other than that, Thursday's Caixin Manufacturing PMI data will continue to be crucial. It is projected that the economic data would be lower at 48.9 than the prior reading of 49.2.

 

In New Zealand, the number of Building Permits has decreased by 10.7%, compared to the expected 2.4% increase and the previous release of 3.6%. The Reserve Bank of New Zealand's (RBNZ) increase in interest rates may be responsible for a decrease in the economic catalyst.

Suggestion