On Friday, crude oil prices surged, as there were fewer signs of an easing of the ongoing low supply situation.
During Friday's Asian trading session, stock indices fluctuated flat despite a gain in Chinese blue chip stocks.
The CEO of Air New Zealand Greg Foran revealed on Thursday that the airline is using less than a third of its capacity.
After a sharp surge on Wednesday, during Thursday's trading hours, the price for Bitcoin traded near the $55,000.00 level. The price has not been at this level since May 12.
On Thursday, the rating agency Fitch revealed that most likely the Japanese economic policy would remain unchanged despite a change of the government.
Chinese Estates Holdings announced on Thursday that they could take over and private China Evergrande. The stock price of Chinese Estate Holdings jumped more than 30% on the announcement.
On Thursday, Reuters published information that the decision to keep production low by OPEC+ was motivated by concerns about an upcoming decrease in demand.
During Thursday's Asian trading hours, stock indices surged. The surge was attributed to lower oil prices and a possible Biden-Xi meeting.
On Wednesday, Volkswagen Mexico announced that it would extend its partial production stop in the Puebla plant.
At the start of Wednesday's US trading hours, the stock price for Electronic Arts plummeted by 6.20%. The stock price erased half of late September gains.
Volvo Trucks revealed on Wednesday that the company would supply 100 electric trucks for the freight company DFDS.
On Wednesday, crude oil prices continued to surge, as light crude oil prices reached above the $79.00 level.
During Wednesday's Asian trading hours, the US Dollar gained value, as energy prices were blamed for inflation, which could cause interest rate hikes.
On October 5, the Reserve Bank of Australia made a Rate Statement. In general, the central bank kept its interest rate unchanged at 0.10%. However, the central bank revealed that there would not be an environment in Australia for a rate hike as far as April 2024.
On Wednesday, the Reserve Bank of New Zealand raised base interest rates for the first time in seven years. Moreover, the bank commented that more interest hikes are possible.
Reuters revealed on Monday that a US study had discovered that without more market competition the Chinese economy would grow slower.
On Monday, the US President Joe Biden stated that the US federal government might breach its $28.4 trillion debt ceiling.
As the OPEC+ countries confirmed on Monday that oil supply would remain limited, crude oil prices began a surge, which continued into Tuesday.
During Tuesday's early trading hours, the US Dollar approached a one-year-high level, as US stocks had declined during Monday's trading.
On Tuesday, Facebook announced that faulty configuration changes were to blame for the six hour outage of Facebook, Instagram and Whatsapp.
On Monday, Global Times revealed that Evergrande would raise $5 billion from property sales.
Reuters published a report on Monday, which revealed that a natural gas price surge is highly likely during this winter.
On Monday, crude oil prices bounced off the 76.00 level, as a consolidation took place prior to the upcoming OPEC+ meeting.
During Monday's Asian trading hours, the US Dollar traded flat, as a run to safety from the Evergrande case was offset by previous week's labour data.