The infoshot to help kick-start your week
- Twitter CEO and Co-founder Jack Dorsey is stepping down as CEO.
- Annual inflation has surged above 21% in Turkey, but the Central Bank of the Republic of Turkey, overhauled by Mr Erdogan, has just lowered interest rates from 16% to 15%, the third cut this year.
- The U.K Conservative Party won the first electoral contest after an especially damaging period for Boris Johnson’s government, holding a parliamentary seat in outer London with a much-reduced majority.
- After falling over 15% last week, oil prices climbed on Friday after the producer group OPEC+ said it could review its policy to hike output at short notice if oil demand collapsed due to a rising number of pandemic lockdowns. Brent Crude rose $1.93 cents, or 2.8%, to $71.60 a barrel by 1325 GMT. U.S WTI benchmark rose $1.79, or 2.7%, to $68.29 a barrel.
- China CPI YoY to be released on December 9th, forecasted to be 2.5%.
- UK GDP YoY (Q3) to be released on December 10th, forecasted to be 22.2%.
The performance of each asset class is represented by certain Exchange Traded Funds available to UK investors and expressed in GBP terms selected by Copia Capital Management to represent that asset class, as reported at previous Thursday 4:30pm UK close. Reference to a particular asset class does not represent a recommendation to seek exposure to that asset class. This information is included for comparison purposes for the period stated, but is not an indicator of potential maximum loss for other periods or in the future.Open document settingsOpen publish panel