Global stocks struggled to find direction. The consumer price index in the Eurozone in September increased by 10% compared to the same period last year, after recording a 9.1% increase in August, according to data from the European Union Statistics Office (Eurostat), due to high energy prices. Recently, Russian company Gazprom PJSC has suspended the supply of natural gas to Italy starting from October 1.
Domestic stocks temporarily hold the psychological threshold of 1,100 points. The consumption index of the whole processing and manufacturing industry (IIP) in September increased by 2.3% MoM and by 8.8% YoY. For 9 months, IIP increased by 9.7% YoY.
- Domestic and international news
- Update Inter-market, struggling to find the direction
- Technical view and recommendations
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