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%