Minister of Education and Science Serhiy Shkarlet instructed local authorities to make a decision on distance learning by the end of this week.
“Dear teachers, pupils, parents, students! Today, the enemy again dealt crushing blows to parts of the regions and the capital. I appeal to the leaders of the OVA and heads of educational institutions! Our task is to protect all participants in the educational process as much as possible. Therefore, I ask you to make a decision to study in a remote format until the end of the current week (until 10/14/2022),” Shkarlet wrote in the Telegram channel.
The minister emphasized that safety is above all.
“Please do not neglect the rules of conduct during the air raid signal, go down to the shelter. Take care of yourself,” he summed up.
Prime Minister Denys Shmyhal says that as of 11:00 am, 11 important infrastructure facilities in 8 regions and Kyiv have been damaged. The prime minister noted that the main goal of Russia is to sow panic, scare, leave Ukrainians without light and heat.
“All services are working on the ground, we are promptly restoring our infrastructure. We will do everything to restore all facilities as quickly as possible. Thanks to our rescuers and doctors who are now saving people’s lives in the epicenters of shelling. Thanks to our power engineers who are resuming the power supply of cities under shelling” he wrote.
Shmyhal also said that the air defense managed to shoot down more than 40 missiles out of 70.
The Telegram app in Ukraine is malfunctioning, including in Europe, due to platform overload.
“Analyzing sensors on the network, there is a complication of communication through the Telegram application. This is due to the overload of the Telegram digital platform itself. The remaining numbers of the platform work without overload,” the deputy head of the parliamentary committee on digital transformation said in his Telegram channel on Monday Oleksandr Fediyenko (Servant of the People faction).
He advises for a while to switch to communication through other instant messengers and applications.
Messages about failures in the work of Telegram appeared in the social networks of Ukrainians starting from Sunday.
The US dollar continues to strengthen on Monday after a confident rise on Friday on the data on the US labor market.
The ICE-calculated index showing the dynamics of the dollar against six currencies (the euro, the Swiss franc, the yen, the Canadian dollar, the pound sterling and the Swedish krona) adds 0.1%, the broader WSJ Dollar Index – 0.15%.
Statistical data, published on Friday, showed that the US labor market is still strong, despite a significant tightening of monetary policy by the Federal Reserve System (Fed). This was taken by traders as a signal that the Fed will continue to rapidly raise its benchmark interest rate.
The number of jobs in the US economy in September increased by 263 thousand, the Ministry of Labor reported. The growth rate was the lowest since April 2021, but surpassed the consensus forecast of analysts surveyed by Bloomberg, at 255 thousand. Unemployment in the country unexpectedly fell to 3.5% from 3.7% in August.
The next Fed meeting will be held on November 1-2, and experts expect the US Central Bank to raise rates again by 75 basis points, Dow Jones notes.
The euro/dollar pair is trading at $0.9722 on Monday, compared to $0.9740 at the close of the previous session. The pound fell to $1.1065 from $1.1093 the day before.
The rate of the American currency against the yen is 145.37 yen against 145.32 yen at the close of the previous trading session.
On Friday, the dollar rose 0.63% against the euro, 0.67% against the pound and 0.41% against the yen.
Oil prices fall on Monday after rising by more than 15% last week amid the decision of OPEC + to cut production immediately by 2 million barrels per day (b / d).
Market fears related to the possibility of falling energy demand following the weakening of the global economy as a result of the rapid tightening of policies by world central banks remain, Bloomberg notes.
US unemployment statistics released last Friday showed that the US labor market is still strong. This was taken by traders as a signal that the Federal Reserve (Fed) may again raise the rate by 75 basis points (bp) at the next meeting.
The price of December futures for Brent crude on London’s ICE Futures exchange is $97.08 per barrel by 8:10 qoq on Monday, which is $0.84 (0.86%) lower than the closing price of the previous session. As a result of trading on Friday, these contracts rose by $3.5 (3.7%) to $97.92 per barrel.
The price of futures for WTI oil for November in electronic trading on the New York Mercantile Exchange (NYMEX) fell by this time by $0.77 (0.83%), to $91.87 per barrel. By the close of previous trading, the value of these contracts increased by $4.19 (4.7%) to $92.64 per barrel.
As a result of the week, Brent has risen in price by 15%, WTI – by 16.5%.
As reported, OPEC+ last week decided to cut its November production quota by 2 million barrels per day compared to October, the largest cut since the start of the coronavirus pandemic.
“In reality, the decline will be only about 1 million b / d, since oil production in many countries was already lagging behind quotas,” Commerzbank analysts cited by Bloomberg said. “This, however, will be enough to prevent an excess of supply on market forecast for the fourth quarter.
Stock markets in the Asia-Pacific region are falling during trading on Monday.
Exchanges in Japan are closed due to the celebrations on the occasion of Health and Sports Day.
Chinese stock indexes show the most severe decline after the US stepped up measures to control the export of semiconductor products to China.
The Hong Kong Hang Seng fell 2.5% by 8:15 qoq, the Shanghai Shanghai Composite – 0.4%.
The stock prices of microelectronics manufacturers Semiconductor Manufacturing International Corp. are falling most significantly on Chinese stock exchanges. (-2.7%), Advanced Micro-Fabrication Equipment Inc. (-17.6%) and GigaDevice Semiconductor Inc. (-7%).
US authorities on Friday imposed new restrictions on the supply of advanced chips and equipment for the production of semiconductors to China to prevent the development of the Chinese military industry through these products.
Among the drop leaders on the Hong Kong Stock Exchange are also shares of casino operator Sands China Ltd. (-7.6%), China Merchants Bank Co. Ltd. (-6%) and IT company Meituan (-5.9%).
Purchasing Managers’ Index (PMI) for China Services, calculated by Caixin Media Co. and S&P Global, fell to 49.3 points in September from 55 points in August due to the negative impact on the sector of coronavirus restrictions.
An index value below 50 points indicates a drop in business activity in the service sector. The indicator fell below this mark for the first time in four months.
The South Korean Kospi index decreased by 0.2% by 8:25 a.m.
The value of shares of automaker Hyundai Motor fell by 1.4%.
Quotes of securities of one of the world’s largest manufacturers of chips and electronics Samsung Electronics Co. are down 0.2%, while shares of its rival LG Electronics are up 1.4%.
The Australian S&P/ASX 200 fell 1.2%, following shares of mining companies.
The price of Silver Lake Resources Ltd. fell 7%, Chalice Mining Ltd. – by 6.8% and Evolution Mining Ltd. – by 6.7%.
