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According to the Swiss media outlet Blick, a shooting occurred at a rave party in Switzerland, leaving multiple victims.On August 30, traffic authorities in Russias Stavropol Krai reported that a bus traveling from Georgia to Moscow rear-ended a truck in the region early that morning, resulting in 5 deaths and 38 injuries. Among the injured were 10 children.According to data compiled by Sputnik News on August 30, since 2014, more than 33,000 sanctions have been imposed on Russian individuals, businesses, and transportation. The United States, Canada, and Switzerland have imposed the most sanctions. As of August 26, 2026, other countries have imposed more than 33,700 sanctions on Russian individuals. Approximately 97.3% of these were implemented since the end of February 2022. The United States has imposed the most restrictive measures, accounting for 22% of the total sanctions imposed by all countries, approximately 7,400. Canada (13.2%, approximately 4,400) and Switzerland (11.4%, nearly 3,900) rank second and third, respectively. The European Union and Iceland rank fourth and fifth, respectively, with Iceland fully replicating EU sanctions. Including the 21st round of sanctions, the EU has imposed nearly 3,700 restrictive measures on Russia, and Iceland approximately 3,400. Following Norway (approximately 2,800 items, accounting for 8.4%), the United Kingdom (nearly 2,700 items, accounting for 7.9%), and New Zealand (nearly 2,100 items, accounting for 6.1%). The top ten also includes Australia (approximately 1,700 items, accounting for 5%) and Japan (1,400 items, accounting for 4.3%).On August 30th, it was learned from the Ministry of Emergency Management that, to ensure the smooth progress of the mudslide disaster relief and rescue work in Gyirong County, Shigatse City, Tibet, the Ministry of Emergency Management has dispatched reconnaissance drones and heavy-load drones from its "Swift Emergency" member units to continuously monitor the development of the Purepuqiang Zangbu landslide dam, conduct rolling consultations and assessments, and fully assist and guide local authorities in carrying out all aspects of disaster relief and rescue work. On the evening of August 29th, the forward monitoring drones discovered that a landslide had occurred 2.8 kilometers downstream of the Purepuqiang Zangbu landslide dam, forming a new landslide dam and a new landslide dam lake. The Ministry of Emergency Management quickly convened experts for analysis and assessment, and simultaneously transferred rescue personnel near the Gyirong border crossing to safe locations.August 30 - According to the latest data released by Nepals National Disaster Risk Reduction Authority, as of 9:00 a.m. local time on the 30th, the death toll from the landslide disaster in Nepal has risen to 734, with 2,498 people still missing.

Prior to the release of UK GDP and US PCE Inflation figures, the GBP/USD has found a temporary resting place near 1.1200

Daniel Rogers

Sep 30, 2022 10:53

 截屏2022-09-30 上午9.56.05.png

 

Price action for GBP/USD on Friday's Asian session has seen it range between 1.1160 to 1.1555 as buyers prepare for the first weekly advance in three weeks. As a result, the cable pair is benefiting from the general weakness of the US dollar and the ambiguous outlook on the US dollar before to the release of important data from the UK and the US.

 

In a recent interview, UK Trade Secretary Kemi Badenoch said that the chancellor and the Bank of England are "working well" together.

 

As a result, the GBP/USD exchange rate is supported by expectations of a robust rate hike cycle from the Bank of England, or "Old Lady."

 

As a counterpoint, the US Dollar Index (DXY) has remained in the red at around 111.90, snapping a two-week uptrend. By this metric, the Fed's recent strong rhetoric and the widespread recession fears in the face of lowering inflation expectations are not justified by the dollar's performance against the six major currencies. Important for dollar traders today is the August Core PCE Price Index, which is expected to be 4.7% YoY, the same as the previous reading.

 

Final readings of the UK's Gross Domestic Product (GDP) for the second quarter (Q2) are expected to corroborate initial forecasts of -0.1%, making them important to track.

 

If incoming data verifies the projections, the GBP/USD could pare recent gains, which would be appropriate given the optimistic inflation estimates and fears of a UK economic downturn.

 

A significant break above a two-week-old resistance line, now support around 1.1035, is needed to keep GBP/USD investors upbeat, as is a move above the 100-day exponential moving average (EMA) surrounding the 1.1200 level. When the RSI reaches the overbought area, it usually means that further gains will be capped.


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