A 30% drawdown in the Bloomberg Commodity Spot Index from the June 2022 peak echoes the 53% drop of the 2008-09 financial crisis, with little help from bouncing equities and a key caveat — most central banks are still tightening.

The global economy has recently experienced an increasing pressure of inflation, due initially to the aftermath of the COVID-19 crisis.

Фондовые индексы стран Западной Европы преимущественно растут в понедельник благодаря подъему акций нефтедобывающих компаний, отреагировавших на скачок нефтяных котировок. Сводный индекс крупнейших компаний региона Stoxx Europe 600 к 1125 мск вырос на 0,1 и составил 458,31 пункта. Британский фондовый индекс FTSE 100 увеличился на 0,7, германский DAX менее чем на 0,1, французский САС 40 на […]

LONDON, April 4 Reuters The British pound rose to a new 10month high against the dollar on Tuesday, and the euro reached its highest in two months, as the U.S. currency continued to suffer from market bets that the end of the U.S. ratehiking cycle is near. Sterling rose 0.84 to 1.2521, its highest since […]

PREVIOUS TRADING DAY EVENTS 03 April 2023 Announcements  The Organisation of Petroleum Exporting Countries and Allies OPEC unexpectedly announced output cuts, causing a boost in expectations of rising inflation affecting the world economy. Along with Russia, they pledged to make cuts exceeding 1 million barrels a day, starting next month and lasting until the end […]

Euro zone Feb producer prices expected to contract Credit Suisse AGM due later in the day L39;Oreal gains on Aesop deal Bayer rises as U.S. judge dismisses lawsuit against co April 4 Reuters European shares rose on Tuesday as investors rebuffed concerns over surprise output cuts by the OPEC and its allies, while awaiting euro […]

Gold prices flirt with nearly oneweek low US, European bond yields rise Recovery to 1,980 would denote strength analyst April 3 Reuters Gold prices eased on Monday after OPEC made a surprise announcement of oil output cuts, sparking inflation concerns and raising bets on more central bank rate hikes. Spot gold was 0.2 lower at […]