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On March 1, local time, it was learned that the scope of the wildfire evacuation instructions issued by Ofunato City in Iwate Prefecture, Japan has been expanded to 1,896 households, totaling 4,596 people. As of 6 a.m. local time on the 1st, a total of 1,038 residents actually took refuge in 11 shelters opened by the local government. The area burned by this wildfire has expanded to 1,400 hectares and is still burning.On March 1, the "Measures for the Supervision and Administration of Market Measurement" was officially implemented on March 1, which will further strengthen the main responsibility of the organizers of the market and regulate the behavior of operators. Market supervision departments in various places will carry out a series of crackdowns on "ghost scales" in the near future, so that the public can buy "scales" as they wish and safeguard the legitimate rights and interests of consumers.On March 1, at noon on February 28, local time, US President Trump had a fierce quarrel with visiting Ukrainian President Zelensky during his meeting. At this time, Ukrainian Ambassador to the United States Oksana Markarova was photographed by the media at the scene. She was seen pinching her eyebrows with her right hand, and her face was unbearable to look at. At that time, Trump, US Vice President Vance and Zelensky quarreled in front of the media, and the meeting ended unhappily. The planned mineral agreement was not signed, and the joint press conference of the two sides was canceled. It is reported that Zelensky has left the hotel where he is staying in the United States.After the meeting with US President Trump on February 28 local time ended unpleasantly, Ukrainian President Zelensky spoke with French President Macron and NATO Secretary-General Rutte on the phone. He will also attend the European Summit in London, England this weekend and meet with European leaders. Macron, who is visiting Portugal, told the media, "We must thank all those who have helped and respected those who have been fighting from the beginning." German Chancellor Scholz said, "Ukraine can rely on Germany and Europe." Spanish Prime Minister Sanchez said, "Spain stands with Ukraine." European Commission President von der Leyen and Polish Prime Minister Tusk said, "Ukraine is not alone." In addition, many European leaders have expressed support for Zelensky. But there are also leaders such as Italian Prime Minister Meroni who said that "the United States, European countries and other allies should hold a summit immediately." Hungarian Prime Minister Orban expressed support for Trump.According to the Indonesian Meteorological, Climate and Geophysical Bureau, a magnitude 6.0 earthquake occurred in the Banda Sea of Indonesia at 4:58 a.m. local time on March 1, with a focal depth of 158 kilometers.

As Australia's retail sales continue to climb, the AUD/NZD pair has remained steady over 1.1400

Alina Haynes

Sep 28, 2022 14:53

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Australia's Retail Sales on Wednesday morning favored buyers, keeping the AUD/NZD high at 1.1430. By doing so, the cross-currency pair is ignoring bad news out of China and recession worries, and is instead pushing toward Monday's nine-year high.

 

The Australian currency (AUD) appreciated as a result of the 0.6% month-over-month increase in retail sales in Australia, which beat both the 0.4% forecast and the 1.2% increase seen in the previous month (RBA).

 

The latest statements made by Reserve Bank of New Zealand (RBNZ) Governor Adrian Orr and New Zealand's Finance Minister (FinMin) Grant Robertson on Tuesday also supported AUD/NZD buyers.

 

RBNZ governor Orr said the central bank still had some work to do, but that the tightening cycle was reasonably far along. Following in his footsteps are "As of right now, the worldwide economy is a tough place to be. The crisis in Ukraine and other issues in Europe and China are obvious examples." During an interview with New Zealand's government-run TVNZ, Grant Robertson, the country's finance minister, reportedly made the following remarks, as reported by Reuters.

 

The AUD/NZD bulls appear to be facing the strongest pressure from apprehensions about the European energy crisis and China's zero-covid policy. The World Bank's (WB) gloomy economic forecasts for China and allegations that the dragon nation invited important market players to safeguard stocks revealed cracks in the economy of Australia's biggest customer.