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Telegram采集群组:Oil rises after sell-off but euro stuck at 20-year low, equities drop

Telegram采集群组:Oil rises after sell-off but euro stuck at 20-year low, equities drop

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Consumers are beginning to feel the pressure of the high cost of fuel, which could push prices down in a phenomenon known as demand destruction, say experts. – The Malaysian Insight file pic, July 6, 2022.

OIL prices rose today after suffering a painful drop the previous day, though the euro remained wedged at a 20-year low and equities mostly fell in Asia as recession fears continue to flow through trading floors.

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Both main crude contracts were pummelled yesterday as investors grow increasingly worried that leading economies will contract this year or next owing to sharp central bank interest rate hikes aimed at fighting decades-high inflation.


转载说明:本文转载自Sunbet。
  • Telegram美国群(www.tel8.vip) @回复Ta

    2022-09-08 00:24:15 

    The US-based private equity firm is also in talks with Japanese electronics and appliance retailer Yodobashi Holdings to collaborate on efforts to revamp the department stores after the acquisition, the report added.看得扎心

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