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Remaining on course

Remaining on course

Deloitte resigns as Polymetal auditor after splitting from Russia operations

  • Oil prices were stable in choppy trading but remained on course for a second weekly fall after countries announced plans to release crude from their strategic stocks
  • Deloitte has resigned as auditor of miner Polymetal, which could lead to the Anglo-Russian group’s expulsion from the London Stock Exchange if it cannot find a new firm to check its accounts
  • The dollar extended a squeeze higher, reaching a new near two-year peak against a basket of peers and a one-month high versus the euro, supported by the prospect of a more aggressive pace of Federal Reserve interest rates hikes
  • BTC/USD rose 0.9%
  • WTI/USD rose 0.8%
  • XAU/USD rose 0.8%


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