Worldwide

UK’s Liz Truss unveils plan to freeze annual energy bills for 2 years

"We are facing a global energy crisis... And these are no cost-free options"

Japanese Yen hits new lows against US dollar

Reaching a level last seen in August 1998

Drivers want Apple cars even before they exist

Apple became now more popular than Tesla

Stablecoins become defacto form of compensation for many Web3 companies

Highly skilled crypto engineers command the best salaries

The Fed sees “weak” future growth…and eyes are on inflation figures

Returning the inflation rate to 2% is the “first task” of the Fed

Central banks’ appetite for gold remained robust in July

The Qatar Central Bank was the largest buyer

Including iPhone 14.. These are the products Apple will reveal today

New iPhone series has four phones, the most notable of which is the Pro Max 14

Russo-Ukrainian war led to an increase in cyber attacks: Report

Cybercriminals are now incorporating deep fakes to evade security controls

Expect a significant increase in Euro interest rates on Thursday

Fitch: A recession in the euro area is likely as gas crisis worsens

Saudi confirms continuation of “OPEC+” pre-empting moves in oil market

Russia’s response to capping oil prices is more shipping to Asia

“OPEC +” decides to cut production by 100,000 barrels per day in October

Oil prices jumped more than 3 percent after the decision

Liz Truss succeeds Boris Johnson as British Prime Minister

She vowed to keep her election promises, boost economic growth

American actor loses $185,000 in crypto hack

Attempts were also made to remove NFTs from the actor’s own wallet

Global Financial Markets in Brief Week August 28

Labor market data indicators raised expectations with a hardline FED approach

Euro hits 20-year low against dollar

It fell 0.70 percent to $0.9884

Oil prices jump over $1 a barrel before “OPEC+” meeting

Wall Street Journal: Russia opposes plans to cut production

How does the Fed read the jobs report?

August inflation figures expected for release in first half of this month

Energy bills enter arena of competition between Truss, Sunak

Truss favorite to lead Conservative Party, run Downing Street, come Monday