Oil prices jump, stocks mixed with spotlight on surging inflation

  • 📰 eNCA
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Oil prices rallied Wednesday, adding to soaring inflation concerns, while stock markets diverged.

Russian Deputy Prime Minister Alexander Novak on Wednesday warned that a ban on Russian oil and gas imports over the Ukraine war would drive the world's energy markets to a"collapse".

"Today's data confirm a worsening squeeze on consumer incomes," said Yael Selfin, chief economist at KPMG UK. While there remains plenty of concern about the war in Ukraine, analysts said some confidence had seeped back into trading floors as investors bet on consumer resilience and economies continue to reopen.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Considering the amount of time I have spent in bitcoin and stock I think I prefer Bitcoin over stock, Bitcoin is a better side income I'm having a wonderful crypto journey with MarkdonaldTowns.

Couple of months ago I came across a recommendation about Arnoldnike93 wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Business Maverick: Oil Climbs as NATO, EU Summits Raise Specter of New Russia CurbsOil pushed higher ahead of a flurry of high-level diplomatic activity over the month-old war in Ukraine that may see fresh curbs on Russia. Spectre, people. Spectre. Bloomberg might use American spelling but you don’t have to! I appreciate you so much for educating me on how to invest successful,I earn alot through the platform recommend,kindly contact AdamTrey01 and be part of the winning committee
Source: dailymaverick - 🏆 3. / 84 Read more »