Inflation battle to hem household budget
The assistant treasurer has flagged further stress for household budgets following a spike in US interest rates.
Source: denipt.com.au
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Aussie and kiwi slide, yen up on Moderna CEO's Omicron warning
Risk-sensitive currencies slid and safe havens gained in the Asian afternoon on Tuesday, reversing direction after Moderna's CEO said COVID-19 vaccines are unlikely to be as effective against the Omicron variant as it has been with other types.
Source: reuters.com
FOREX-Currencies stabilise as worst Omicron fears ease, yen ...
GLOBAL-FOREX/ (UPDATE 1):FOREX-Currencies stabilise as worst Omicron fears ease, yen dips
Source: trust.org
Currencies stabilise as worst Omicron fears ease, yen dips
The safe-haven yen on Tuesday gave up some of the gains it made during last week's market ructions as investors traded on hopes the Omicron coronavirus variant would not derail a global economic recovery as initially feared.
Source: reuters.com