06.12. Oil rises, Evergrande shares at 11-year low, bitcoin below $ 50,000

News for today, December 6:

U.S. and European stock futures rallied on Monday, while bonds lost some of their recent gains and oil gained as Saudi Arabia raised its oil prices. On Monday, oil prices rose more than $ 1 a barrel after Saudi Arabia, the largest exporter, raised the price of crude oil it sells to Asia and the United States. On Sunday, the country increased official prices in January by 80 cents compared to the previous month.

Shares of China Evergrande Group fell 12% to an 11-year low on Monday after the company said it could not guarantee enough funds to pay off debt. Bitcoin hovered around $ 49,000 on Monday, down 1.5% on the day, and traders suffered losses after a harsh weekend when the price of the world's largest digital asset lost more than one-fifth of its value.

European stock markets are expected to open higher on Monday, starting the new week on a positive note amid hopes that the Omicron Covid-19 variant may be less dangerous than previous strains of the disease. The price of Brent crude is $ 71.48 per barrel, WTI — $ 67.89. EUR/USD is at 1.1286, GBP/USD — 1.3238, gold is at $ 1,782.32 per ounce.­­­­