Italy reveals new budget

Source: Dukascopy Bank SA
The Italian government has announced a new budget, which would focus on energy bills and cutting taxation of payroll and self-employed workers.
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Mon, 21 Nov 2022 14:56:02 GMT

Oil prices plummet due to WSJ publication

Crude oil prices plummeted almost 5.00% at the start of Monday's US trading due to a Wall Street Journal publication. The WSJ revealed that OPEC+ are in the process of discussing a 500,000 barrel per day crude oil production increase. A potential increase would be approved at the OPEC+ meeting on December 4.

Tue, 22 Nov 2022 12:30:06 GMT

Deutsche Bank expects leveraged loan defaults

Deutsche Bank has revealed that it expects US leveraged loan defaults to reach record highs of 11.3% during 2024. Meanwhile, Euro loans could experience a default rate of 7.1%.

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