Open: London Session | Forex, Metals, Oil, Agriculture November 07, 2022

TRADING-THE-LONDON-FOREX-OPEN

Currencies

Household electricity costs have soared 67% to 36 euro cents per kilowatt-hour.Seizing Yachts | If there were ever a symbol of opaque, outrageous Russian wealth, it is the superyacht. Still, while buying stocks on the notion of higher earnings makes sense, selling the dollar may be a short-sighted approach. Euro zone finance ministers meet in Brussels.

Oil

Robert A George: Elon Musk Sabotages His Defense of Free Speech Julian Lee: The World May Need That Russian Oil Output Cut After AllWant more Bloomberg Opinion?

United States

Last week, I offered songs that could have been the Fed s theme tune as it set itself toward even higher rates. Smaller Meta Meta is planning to begin layoffs that will affect thousands of workers from this week, Wall Street Journal reported, citing people with knowledge of the matter. Here they are, in no particular order: Underlying InflationThe New York Fed goes through a lot of complicated math to calculate an underlying rate of inflation. The supply shocks driven by the pandemic really do look now as though they have worked their way through the US manufacturing complex.
ECB President Christine Lagarde speaks, as do the Fed’s Susan Collins, Loretta Mester and Tom Barkin.

Europe

Poland s president rejects concessions in talks to unlock EU aid.

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