오늘 PU Xtrader 챌린지에 참여하세요

시뮬레이션 자본으로 거래하고 우리의 트레이더 평가를 통과한 후 실제 이익을 얻으십시오.

  • Tag:
  • Market Insights  >  Weekly Outlook

5 September 2022,03:55

Weekly Outlook

G7 Backs Price Cap on Russian Oil

5 September 2022, 03:55

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

The Group of Seven, 7 of the world’s richest countries, has agreed to put a global price cap on Russian oil, potentially cooling oil prices while hitting the revenue of Russia. The cap is planned to be enacted around the same time as the EU sanctions on Russian oil, which will come into effect 5th December. No values have been given for the cap, which would allow buyers of Russian crude to continue with key services like the financing and insurance for tankers. However, the Kremlin has announced that it would stop supplying oil to countries that have imposed the price cap.

Meta and Qualcomm to Make VR Chips

Meta has struck a deal with semiconductor giant Qualcomm to produce custom chips for virtual reality products in the latest leg of Meta’s push to build a metaverse empire. The agreement will last multiple years, and will be using Qualcomm’s Extended Reality Snapdragon technology for virtual and augmented reality. These will go into the “future roadmap” of Occulus Quest products. “Unlike mobile phones, building virtual reality brings novel, multi-dimensional challenges in spatial computing, cost, and form factor,” Zuckerberg said.

US Restricts Chip Sales to China and Russia

Washington has placed limits on the sale of high-end GPUs to China and Russia. Sold by companies like AMD and Nvidia, these chips are often used in supercomputer and AI applications and have become a key piece in an ongoing tech cold war between the states. However, Chinese EV makers, which are reportedly heavily reliant on Nvidia chips, have dodged the blow for now as their auto systems are not included in the list of US-sanctioned products.

FacebookLinkedInTwitterShare

Start trading with an edge today

Trade forex, indices, cryptocurrencies, and more at industry-low spreads and lightning-fast execution.

  • Start trading with deposits as low as $50 on our standard accounts.
  • Get access to 24/7 support.
  • Access hundreds of instruments, free educational tools, and some of the best promotions around.

Latest Posts

모든 챌린지 20% 할인. 코드 사용: EG20

도전을 받아들이세요