fbpx

PU Prime App

Exclusive deals on mobile

  • Market Insights  >  Weekly Outlook

12 September 2022,06:57

Weekly Outlook

US to Place Cap on Russian Oil

12 September 2022, 06:57

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

The US will be joining its G7 peers in placing a price cap on crude coming out of Russia in a bid to both limit the Kremlin’s ability to fund its war, while cooling inflation and oil prices. The price cap has been set to take effect 5 December, the same time Europe’s six-sanction package goes live. While the US is trying to get more countries to join the oil price cap coalition, the measure will also give countries that aren’t in the coalition, like India and Indonesia, more negotiating power when it comes to paying for Russian oil. 

ECB Announces Biggest Rate Hike in EU History

The European Central Bank has agreed to increase three of its key interest rates by 0.75%, or 75 basis points, in its coming interest rate decision. This is the largest one-time raise ever implemented by the ECB, and will raise the lending rate for banks to 1.25% after a 0.50% raise in July that ended years of negative interest rates in the eurozone. ECB president Christine Lagarde has said that the bank will continue raising rates to slow demand and battle rampant inflation – which reached 9.1% in August. The euro, which has been dropping against the dollar for weeks, found some relief after the ECB signalled that it will be closing the monetary policy gap with the Fed. 

Roblox Jumps Into Online Advertising

Gaming and entertainment giant Roblox has announced its plans to debut advertising next year, making this the company’s first major step towards diversifying its revenue stream beyond its current transactions-based economy. Currently, Roblox’s business model includes the sale of in-game currency that can be used to purchase additional features, and licensing its merchandise. Advertising, however, is another major step for the brand to leverage its 52 million players. Online ads have already been tested with some companies including Warner Bros. and Vans to positive reception.

把握优势,开始交易

以行业低点差和闪电般的执行速度交易外汇、指数、贵金属等。

  • 在我们的Standard账户上以最低50美元的入金金额开始交易。
  • 获得全天候支持。
  • 获取数百种交易工具、免费教学器材和最佳的优惠活动。
立即加入

Latest Posts

简单快速的
开设账户

开设真实账户
  • 1

    即刻申请

    通过无障碍程序注册

    PU Prime

    真实账户

  • 2

    轻松入金

    通过多种渠道及可接受的货币轻松地为您的账户入金

  • 3

    开始交易

    在市场领先的交易条件下,交易数百种产品