The Traderszone Network

Will Ukraine Run Out Of Energy Soon?

Via Southfront.org,

Over the past months, Ukrainian politicians have been persistently throwing red meat to Moscow through the acts of aggression against the Nord Stream-2 pipeline, the recent escalation of the conflict in Donbass with the use of UAVs and the pressure on Ukrainian politician Medvedchuk, who is considered pro-Russian.

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FX sees little change overall
The aussie and kiwi are holding light gains but they aren’t anything that stands out all too much as we look to get things going on the session.

The brokerage platform now lists 19 crypto trading pairs.

Tepid tones in early trades
This mirrors the more lackadaisical mood in US futures as well, with S&P 500 futures and Dow futures down 0.1% while Nasdaq futures are flat. Equities are not showing much poise and there might not be much direction until we get to the Fed later today.

Latest data released by UK Nationwide Building Society – 3 November 2021
Of note, the average property price is seen up by more than £30k since the pandemic struck and the price of a typical UK home tops quarter of million pounds for first time.

Iron Ore Futures Stumble Sub $100 As China Steel Output Slumps 

Iron ore futures in Singapore dove under $100 per ton Tuesday as Chinese steel output in October recorded its lowest level since March 2020, signaling increasing economic headwinds for the world’s second-largest economy. 

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Are the BoE trapped?
Sonia futures say, ‘yes’. The current expectations of GBP future markets are that the Bank of England will hike rates four times next year. That seems very steep.