Open: London Session | Forex, Metals, Oil, Agriculture November 17, 2022

investors

Currencies

Moreover, the dollar s rebound Tuesday from intraday lows came after testing a pivotal support level, namely the 38.2% Fibonacci retracement of its rally since early 2021.

Oil

Lyubov Pronina and Jorge Valero What’s Happening Pricey LNG | The gas that Europe is seeking as a long-term replacement for Russian natural gas won t come cheap. Traders are paying at least 50% more to secure ships to deliver LNG, meaning higher costs for importing nations.

United States

Investors will have more clues to assess as a flurry of BOE and Fed policymakers speak today. Goldman boosts Fed rate call, sees a peak of 5% to 5.25%.

Europe

The ECB may slow down rate hikes, time for Jeremy Hunt to show he can stabilize public finances and Tencent s Meituan stake cu View in browser Good morning. The ECB may slow down rate hikes, time for Jeremy Hunt to show he can stabilize public finances and Tencent s Meituan stake cut. ECB Rate Hike European Central Bank policy makers may slow down interest-rate hiking with only a 50 basis-point increase next month, according to people with knowledge of the matter.

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