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1. US Treasury yields fell across the board. The 2-year Treasury yield fell 2.45 basis points to 3.506%, the 3-year Treasury yield fell 2.23 basis points to 3.558%, the 5-year Treasury yield fell 1.92 basis points to 3.718%, the 10-year Treasury yield fell 2.73 basis points to 4.136%, and the 30-year Treasury yield fell 2.94 basis points to 4.795%. 2. International precious metals futures were mixed. COMEX gold futures closed down 0.01% at $4,505.4 per ounce; COMEX silver futures closed up 1.04% at $71.875 per ounce, continuing to set new historical highs. 3. The WTI crude oil futures contract closed up 0.03% at $58.4 per barrel, while the Brent crude oil futures contract closed down 0.05% at $61.84 per barrel. 4. London base metals traded mixed. LME copper rose 0.6% to $12,133/ton, LME zinc fell 0.23% to $3,086.5/ton, LME nickel fell 0.5% to $15,660/ton, LME aluminum rose 0.6% to $2,956.5/ton, LME tin fell 0.71% to $42,490/ton, and LME lead rose 0.86% to $1,999.5/ton.On December 25th, former Bank of Japan policy board member Yasushi Harada stated that the central bank should adopt a cautious approach to raising interest rates, given the governments all-out efforts to boost the economy. In an interview, Harada pointed out that the cabinet led by Prime Minister Sanae Takaichi should fully utilize fiscal, monetary, and tax policies to stimulate demand and achieve the goal of a "high-pressure economy." Regarding the impact of central bank interest rate hikes on the economy, he stated, "Hasty action could lead to excessive tightening." He believes that the current persistent inflation is partly due to supply-side factors such as rising rice prices, and added that further interest rate hikes may have limited effect in curbing such cost-driven price increases.Nvidia (NVDA.O): Groq will continue to exist as an independent company.NVIDIA (NVDA.O): We are not acquiring Groq, we are only licensing its technology. We will integrate Groq products into future products.GROQ: GROQ will continue to operate as an independent company, with Simon Edwards serving as CEO.

Fuel Price Map: Does Your Petrol Cost More?

Haiden Holmes

Apr 01, 2022 10:25

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The growing cost of fuel at the petrol station forecourt has been one of the most noticeable price rises. Even with chancellor Rishi Sunak's 5p per liter reduction in fuel tax, motorists are spending far more to fill up than they were only a few months ago.


  • Inflation reaches a 30-year high and may continue to grow further.

  • Stock markets that behaved as if the Ukraine war had never occurred.


Increased demand as a result of the epidemic has already resulted in a rise in petrol prices. Now, it is the war in Ukraine and sanctions against Russia that have pushed petrol prices to a record high, threatening the West's supply of fuel.


With this in mind, we asked colleagues at Interactive Investor to locate the cheapest and most costly petrol station forecourts in their neighborhood for the weekend of 26-27 March 2022.


We've previously conducted our own investigation into the cost-of-living problem, lately noticing a huge increase in the price of pasta and other common household products at local supermarkets. Now, we've taken the road to ascertain the prices motorists pay for unleaded and diesel at forecourts throughout the United Kingdom.


While it is a quick survey of hand-selected stations, it covers the whole length and width of the United Kingdom and reveals some enormous regional discrepancies.


Our results are shown in the interactive Gas Fuel Price Map of the United Kingdom below.


Congratulations if you reside in Cardiff. According to our study, it is the cheapest spot to get fuel, with a gallon of unleaded costing 156.7p. It's 169.9p, an 8.4 percent increase, three and a half hours up the highway in Stockport. Is it prohibitively expensive? If you go 50 miles to Leeds, you can purchase it for 156.9p.


With an average fuel tank capacity of 55 liters, filling up in Stockport costs £7.26 more than in Cardiff. If you drive a diesel vehicle, the fee is much higher - £8.25. At 169.9p, Leeds is the cheapest destination for diesel drivers. In Manchester, a liter costs 184.9p, an increase of 8.8 percent.


While diesel is much more costly than unleaded, the difference in price between the cheapest unleaded and the most expensive diesel is 28p, or 18%, a terrific price for going electric!

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