Open: New York Session | Forex, Metals, Oil, Agriculture November 30, 2022

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Oil

Since the start of 2016, banks have arranged about $4.5 trillion of financing for oil, gas and coal companies, data compiled by Bloomberg show.

United States

News to Note The US Senate passed legislation to enshrine federal protection for same-sex marriages with a bipartisan vote that dramatically demonstrates the massive cultural shift on the issue. The US company Pfizer harnessed technology developed by Germany s BioNTech, which received 375 million euros from the German government. Didn t the US free market give birth to the best Covid shots? Health-care companies flock to the US mainly because we spend so much.

Europe

Macron s government estimates France stands to lose out on 10 billion euros ($10.4 billion) of investment and 10,000 jobs if the law goes ahead as is. Alan Crawford Canadian Prime Minister Justin Trudeau, Biden and Macron at the Group of Seven leaders summit in the UK in June 2021.

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