This week, a US bankruptcy judge set a 60 day halt on the tens of thousands of cases against Johnson & Johnson that claim that the company's talc products cause cancer.
At 13:30 GMT, on Wednesday, the US statisticians published monthly US inflation data. The numbers were higher than forecast, which caused a spike in the value of the USD.
Higher than forecast US inflation data caused a global stock market sell off on Wednesday, as stock indices returned to November 3 levels.
The previously reported decline of natural gas prices continued on Wednesday, as the commodity price reached late September low levels near $4.80.
At 13:30 GMT, on Wednesday, the US statisticians published monthly US inflation data. The numbers were higher than forecast, which caused a short lived USD surge.
Nvidia has announced that the company would offer new autonomous driving software to car companies.
On Tuesday, German statisticians revealed that in September German exports had declined by 0.7%.
This week, the International Monetary Fund announced that it expects the reserves of the Gulf Cooperation Council Countries to reach $300-$350 billion by 2024.
Data published on Tuesday, revealed that the Saudi Arabian Gross Domestic Product had grown by 6.8% in the third quarter of 2021.
This week, the CEO of Renault Luca de Melo stated that the company would have to continue to cost cuts, if Renault wants to offer the best possible line-up for 2023-2025.
On Tuesday, the stock price of Tesla continued to decline, as during the first hours of the day's trading the price reached the $1,035.00 level. The share price of the company began to fall, as the CEO Elon Musk announced that he would sell 10% of his TSLA assets to pay off taxes.
By the start of Tuesday's US trading hours, the price for Natural Gas had almost plummeted by 7.50%, as it reached the October 21 low level at $5.050. Since October 6, the price has been booking lower low and lower high levels.
Prior to the start of Tuesday's US trading hours, General Electric announced that the company would split into three separate entities. The news caused a stock surge, as the GE stock price jumped 7.31% and touched a new all-time-high level at $116.27.
This week, the US Justice Department and Federal Trade Commission revealed that it had received notifications for more than 4,000 mergers in the period from March 2020 up to September 2021.
Data published by the New York Federal Reserve on Monday revealed that US consumers expect the annual inflation to increase to 5.7%, comparing October 2021 and October 2022.
On Monday, the HDE industry association in Germany revealed that the German retail sector expects Christmas sales to rise this year to 111.70 billion EUR.
On Tuesday, the price for Bitcoin reached the $68,530.00 level, as the price had been steadily surging since the middle of Friday. Since Friday, the price had gained more than 13.50%.
Since Monday, crude oil prices surged, as the new US infrastructure spending plan was expected to boost the demand for energy commodities.
This week, McAffee Corporation announced that a consortium of private US equity firms would take the company private.
On Monday, the price for AMD jumped 11.26% or $15.51. The surge occurred due to the company announcing that it had gained Meta Platforms as a data centre chip customer.
On Monday, Kyodo news reported that the Japanese government would consider a new stimulus package valued more than 30 trillion Yen.
On Friday, OPEC+ countries declined the offer of the United States to increase oil output. The news caused a crude oil price surge.
During Monday's European trading hours, the price for Ethereum hit a new all-time-high level, as the $4,770.00 mark was reached.
During Monday's US pre-market hours, the stock price of Tesla declined by 7.5%, as the CEO of the company Elon Musk had announced on Saturday that he would sell 10% of his shares.