Other news

The dollar rose on Monday, despite another suspicion of currency intervention by Japan.

U.S. upstream oil companies could see their free cash flows swell by 68% per barrel produced in 2022. Rising prices drive profit to grow, while production growth has remained at 4.5% year to date, as reported by Deloitte consultancy on Monday.

According to Chief Economist Paul Conway, the Reserve Bank of New Zealand (RBNZ) expects inflation to have already peaked, even though third-quarter reports showed it was higher than anyone would have expected.

The People’s Bank of China (PBOC) has softened its rules on borrowings from foreign companies in order to increase foreign capital inflows into the country’s economy in the face of the yuan’s fall against the U.S. dollar to a new low of 2008.

Experts predict the U.S. oil companies to have 68% higher free cash flow (FCF) as early as 2022, Deloitte consultancy reported. Growing profits are driven by oil price hikes, while increased production of natural resources has remained at 4.5% since the year-start.

The Russian ruble strengthened on Monday thanks to a favorable end-of-month tax period and the prospect of upcoming dividend payments, which also boosted equities as investors await the central bank's interest rate decision on Friday.

Business activity in the US has been declining for the fourth month in a row.

Due to the overload of pipeline systems as a result of actively developing production and also because of fuel surpluses in the region, natural gas prices in the Permian Basin of West Texas have dropped to zero.

A software update for electric cars manufactured by Tesla Inc. was released over the weekend.

Philip Morris is planning to receive approval from European Union competition authorities to acquire Swedish Match for $16 billion on condition that the logistics unit of the company will be sold.