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A currency jumped to an 18 months high on Wednesday on safe-haven investment flows and expectations that Libra's Facebook currency could make a big shift in encrypted currency investments.
Luis de Guindos, the Spanish Minister of Economy, made the following statement:
Sabin Lautenschlaeger, member of the ECB's executive office, made the following statement:
The Russian central bank cut interest rates this morning to 8.5%. The most prominent of its statement were as follows:
Steven Mnuchin, the US Treasury secretary, made the following statement:
Reuters published the latest opinion polls on the ECB and 50 out of 52 economists expected that ECB to announce QE tapering at the October 26 meeting, while 2 indicated that the bank would make the move in December.
The US consumer price index rose by 0.4% in August compared to expectations of a 0.3% rise. On an annualized basis, the index rose by 1.9% from 1.7% and better than the expectations of 1.8% rise.
Jazbec, governor of the Central Bank of Slovenia and member of the Board of Governors of ECB, made the following statement:
Inflation expectations among consumers in Australia fell for the second month in a row in September, with the Melbourne Institute index falling to 3.8%, after recording 4.2% last month. This monthly indicator is monitored closely because inflation expectations tend to influence actual price growth.
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