Bank of Canada hikes interest rate

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The Bank of Canada increased its Overnight Rate from 2.50% up to 3.25% at 14:00 GMT. The market reaction was minor, as the hike was expected by the markets due to the central bankers already communicating their intentions with the public.
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Wed, 07 Sep 2022 14:13:14 GMT

Crude oil prices plummet

Despite the OPEC+ production decrease, crude oil price benchmarks eventually started a decline. By the middle of Wednesday's trading, the commodity traded at levels not seen since January. US Light Crude reached the $83.00 mark and UK's Brent Crude oil traded at $89.00.

Wed, 07 Sep 2022 15:30:05 GMT

Gazprom comments on Nord Stream 1

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