The EU has agreed to introduce a unified charging connector

News of the day, Wednesday, June 8

Oil prices increased about 1% yesterday, with WTI crude above at a 13-week high, as supply concerns worsen: no nuclear deal with Iran and low U.S. oil stocks.

U.S. stocks rallied yesterday with Apple Inc up 1.8%, despite the EU decision to change the connector type by 2024. The S&P 500 technology index rose 1%.

Asia stocks rose today following the Wall Street rally, yet the investors’ worries about hawkish central banks have been keeping a lid on the rally. Nikkei 225 was up 0.8%, and the Hang Seng Index rose by 2%

The World Bank has announced its global growth forecast, slashing it by more than a third to 2.9%, warning that the military tensions in Europe have compounded the damage from the COVID-19 pandemic.

The price of Brent crude is $121.10, WTI — $120.20, GBP/USD — 1.2530, EUR/USD — 1.0686, and gold costs $1848.10 per ounce.