Open: London Session | Forex, Metals, Oil, Agriculture November 25, 2022

investors

Currencies

Gramegna s name was the only one being put forward, likely giving him the necessary majority to lead the euro area s rescue fund.

Oil

Oil Logjam European diplomats are locked in negotiations over how strict a price cap on Russian oil should be, revealing divisions in the bloc. Poland rejected the EU s executive arm s proposed price of $65 per barrel as being too soft on Moscow. Greece, a massive player in the oil shipping industry, doesn t want to go below $70.

United States

Previously banned users Donald Trump and Canadian self-help author Jordan Peterson have already returned.

China

Panic Buying Supermarket delivery apps in Beijing are being overwhelmed as the city s rising Covid caseload triggers lockdown-like restrictions in swathes of the Chinese capital. Photographer: Kevin Frayer/Getty Images AsiaPac A return to the toughest restrictions, such as lockdowns, is happening in cities and towns across the country, including Shijiazhuang, not far from Beijing. War slows the global economy, panic buying in Beijing and Twitter welcomes back suspended accounts.
Beijing saw 1,854 new infections Thursday, up from 1,611 on Wednesday, as China s wider outbreak reaches record levels. Epidemic control workers in Beijing.

Europe

Brussels was a key hub for Twitter to engage with a deluge of EU regulation.

0