Open: London Session | Forex, Metals, Oil, Agriculture September 29, 2022



Expected data include CPI inflation for Germany and Spain, plus Euro zone economic confidence and consumer confidence.


The package would also move toward a price cap for Russian oil sold to third countries.


EU nationals would be barred from lucrative jobs in Russian state-owned firms, a measure that, as we reported earlier, would likely impact former German Chancellor Gerhard Schroeder. Pressure builds in the UK, EU plans new sanctions on Russia, Yellen wants to stay and Porsche shares debut. The ECB was already giving air cover, by reinvesting maturing bonds in its portfolio into BTPs rather than bunds. ECB s Kazaks says next hike must be big. While Russia hasn t released official data, statistics from Georgia, Kazakhstan and the EU showed the scale of the departures.