Deutsche Bank

Brent crude futures fell to $63. 10 a barrel, WTI to $58.61. The decline comes amid fears that supply will outstrip demand next year, despite sanctions on Russian supplies.

European natural gas futures hit an 18-month low, and oil prices fell by more than 1%. This happened amid easing weather forecasts and discussions of a peace agreement between Ukraine and Russia proposed by the US.

Donald Trump's decision to dismiss Fed Governor Lisa Cook triggered a decline in the US bond market. Investors fear an undermining of trust in financial institutions and accelerating inflation.

European hotels have filed a class-action lawsuit against Booking. com over forced pricing policies from 2004 to 2024. The lawsuit is supported by over 30 national hotel associations, and the case will be heard in the Netherlands.

According to a Deutsche Bank report, rent for a three-bedroom apartment in European city centers continues to rise, with only five cities having an average cost below 2,000 euros. London is the most expensive city with a rent of 5,088 euros, while Athens is the cheapest at 1,080 euros.

Wall Street's relentless rise this summer has pushed stock valuations close to record levels, prompting warnings of "euphoric" markets entering "bubble" territory. The S&P 500 index has reached historic peaks, and the cost of borrowing for US corporations has approached its lowest level in decades.

The euro is approaching $1. 17, a key level for its further growth to $1.20. Analysts predict further strengthening of the euro amid a weakening dollar and a possible rate cut by the Federal Reserve.

Former ICBC vice president Zhang Hongli is sentenced to death with a stay of execution for taking $24 million in bribes. He received illegal payments between 2011 and 2022 in exchange for assistance in obtaining loans.

NNEGC Energoatom has signed a loan agreement with a consortium of banks for £181 million to purchase nuclear fuel from Urenco. The 5-year loan is guaranteed by the UK government through the UKEF.