November 22, 2024
Escalation of the Russia-Ukraine Conflict
- Oil prices rose by 3.64%, reaching $69.45, driven by the escalation of the conflict between Russia and Ukraine.
- Germany’s Q3 economic growth slowed to 0.1%, as a decline in exports offset increases in consumer and government spending.
- UK inflation rose to 2.3% in October, driven by higher energy prices and price adjustments mandated by the regulator.