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Gas crisis sinks euro and stocks, pound downbeat ahead of new PM choice

Euro plunges again after Russia further cuts gas supplies to Europe. Energy crisis and rate hike fears scupper equities’ rebound attempt. Pound hits fresh 2-year low as pressure builds before Tories unveil their new leader. Oil bounces back ahead of OPEC+ decision amid output cut speculation.Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.Please consider our ...

Broadcast on:
05 Sep 2022

Euro plunges again after Russia further cuts gas supplies to Europe. Energy crisis and rate hike fears scupper equities’ rebound attempt. Pound hits fresh 2-year low as pressure builds before Tories unveil their new leader. Oil bounces back ahead of OPEC+ decision amid output cut speculation.

Risk Warning: 74.89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

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