Contending with concerns over inflation and energy
Posted on: October 6, 2022
Markets continued to waver in September amid recession worries and falling consumer confidence.
October 2022 | Market update
September started with a jolt for gas prices in Europe, which rose by over a third in the wholesale markets after Russia abruptly announced it would be suspending supplies through the Nord Stream 1 pipeline. This news came just a few hours after the group of G7 countries announced a plan to cap payments on oil exports from Russia.