On April 5, the Reserve Bank of Australia published its Rate Statement. The central bank kept the Australian base interest rate at 0.10%. Meanwhile, the central bank revealed that due to the ongoing surge in commodity prices, the Australian economy is doing very good.
Data released on Monday revealed that German international trade recovered in February. However, a drop due to the war in Ukraine would be expected in March.
A Reuters survey revealed on Friday that due to the COVID lockdown in Shanghai US firms that operate in China have been cutting their revenue forecasts.
On Monday, it was revealed that Elon Musk had acquired a 9.2% passive stake in Twitter. Due to the announcement, the stock price of Twitter jumped more than 25.00%.
The European Banking Authority has announced that European banks should prepare for fake news aimed at creating bank runs.
On Friday, the Bank of America strategists warned that, despite the recent stock rally, recession risks remain high.
The S&P Global Purchasing Managers Index survey results for the Euro Zone have revealed that manufacturing growth in the Euro Zone had sharply declined during March.
Report released by Reuters on Friday revealed that the recent recovery of the value of the Russian Rouble had been caused by central bank intervention and the demand for gas exports to be paid for in Roubles.
Reuters revealed this week that large banks expect a decline in profits due to a decline of mergers and acquisitions and equity and debt issuance.
With the end of the first quarter of the year, precious metals booked record gains. Gold booked best quarter since September 2020, silver saw best gains since June 2021 and platinum experienced best quarter since March 2021.
On Thursday, European Union legislators backed the creation of new safeguards for bitcoin transfers.
The Vice President of the European Central Bank Luis de Guindos stated this week that the growth of the Euro Zone in first half of 2022 would barely show positive growth.
Reuters revealed on Wednesday that the European Central Bank had told banks to stop lending to indebted borrowers, which could go bankrupt due to rate hikes.
As March and the quarter ended, European stock indices booked biggest quarterly declines since the coronavirus drop in 2020.
On Thursday, crude oil prices declined by 7.07%, as the US President Joe Biden announced that the US Government would release the country's strategic oil reserves.
Data published this week revealed that German annual inflation had reached 7.6%, which is the highest reading since the 1970's.
The Bank of Japan revealed on Wednesday that it is increasing its efforts to keep government bond yields down by buying additional government debt.
It was revealed this week that year-on-year inflation in Spain had reached 9.8%, which is the fastest increase since 1985.
The ECB Policymaker Robert Holzmann recently revealed in an interview that the central bank has to return to zero interest rates or risk higher interest rate hikes.
On Wednesday, the President of the European Central Bank Lagarde stated that the Euro Zone would face slower growth and higher inflation.
Johnson & Johnson stated on Tuesday that the company would suspend the supplies of personal care products to Russia.
This week, the government of Japan announced that it is banning all shipments of previous metals to Russia.
Survey results published on Tuesday revealed that French and German consumer confidence last month had declined more than previously forecast, as hopes of a recovery appear to have vanished.
This week, Reuters published poll results, which revealed that the markets expect a 50 base point hike on March 31 by the Czech National Bank.