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European stocks weakened on Monday as investors became wary ahead of a series of central bank meetings this week, includ...
22/09/2022

European stocks weakened on Monday as investors became wary ahead of a series of central bank meetings this week, including the US Federal Reserve, that are expected to lead to further tightening of monetary policy.

By 03:45 ET (0745 GMT), the DAX in Germany was trading 0.5% lower, the CAC 40 in France was down 1.1%, and the UK FTSE 100 was closed for the funeral of Queen Elizabeth II .

Oil prices rose on Monday as traders became more optimistic about the demand outlook amid news of the lifting of quarant...
22/09/2022

Oil prices rose on Monday as traders became more optimistic about the demand outlook amid news of the lifting of quarantine restrictions in China's Chengdu, the capital of Sichuan province.

Chengdu, home to 21 million people, has become the largest city in China after Shanghai, where a strict lockdown was introduced to curb the spread of COVID-19. From Monday, major quarantine restrictions are lifted in Chengdu.

In the 1st quarter, according to the revised data, the deficit was $282.5 billion, and not $291.4 billion, as previously...
22/09/2022

In the 1st quarter, according to the revised data, the deficit was $282.5 billion, and not $291.4 billion, as previously announced. Despite the downward revision, this figure remained a record for the period of the calculations.

Analysts, on average, expected the negative balance to narrow to $260.6 billion from the previously announced January-March level, Trading Economics reported.

Investors this week will follow the meetings of a number of central banks in the world. The US Federal Reserve System (F...
22/09/2022

Investors this week will follow the meetings of a number of central banks in the world. The US Federal Reserve System (FRS) will announce the rate change decision on Wednesday, the Bank of Japan and the Bank of England - on Thursday. Most experts believe that the US and British regulators will once again raise key rates to combat inflation that has been beating many years of records.

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