Thursday 27/10/22

In MACRO, OIL & ENERGY NEWS, we see a calming of UK finances, a delay for the Budget and the impact, Sunak reinstating the fracking ban, oil companies making a ton of money and BASF downsizing in Europe because of energy costs. In BANKS NEWS, European banks' bumper quarter raises windfall possibilities, Barclays beats forecasts, Standard Charted takes a China hit and Santander frets about loans. In TECH NEWS, Apple causes a kerfuffle and Meta's share price takes a beating. In MISCELLANEOUS NEWS, US mortgage rates hit their highest level since 2021, TV ads look vulnerable while WPP exudes confidence, EV exports from the UK rise and Mercedes-Benz pulls out of Russia. AND FINALLY, I bring you a questionable pasta recipe from Nigella and a KitKat futon...


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