The pound is under pressure after Boris Johnson announced a tax hike.
The Chinese government has officially declared all cryptocurrency transactions illegal. As a result, all cryptocurrencies fell in price in September: Bitcoin fell by 22%, Ethereum by 34%. The leader of the fall is Litecoin, which fell by 63.5% by the end of September.
China's largest construction company, Evergrande, faced bankruptcy in September. Investors fear a repeat of the 2008 global crisis, which began with the bankruptcy of a similar company in the United States. The cost of iron ore and metal is falling.
There is an energy crisis in the EU. For the first time in history, the cost of gas exceeded $1,000 per 1,000 cubic meters in the region due to a shortage. Industrial production and the EU economy as a whole are under threat.
Palladium prices plummeted in September by 29.5% in just a month due to a decrease in car production. Factories are shutting down due to a shortage of chips.
In China, due to a lack of electricity, the government restricted the work of large industrial enterprises, closing them for several days. Disruptions in the supply of products and a decrease in production volumes are expected.
Oil prices were the highest in the last two years in September. At first, prices rose due to supply disruptions in the US and Mexico caused by hurricanes. Then prices rose, given the strong demand and rising gas prices.
