$UPS

as in buying for the long term? > @NLD said: Hey @dros, is $UPS at a good spot to buy?

Hey @dros, is $UPS at a good spot to buy?

ups, ScalpFakeAlex blendet sein sim aus Lol

jesus f***ing chirst , these computer updates are nuts , w*f are those computer companies doing , i mean the least they could do is not play around with the UI , lost so much time with the new ups , had to uninstall them now , things work normal again , shitty companies . . .

ups doch nicht schnell wieder gefallen 🤦🏻‍♂️

$MLCO Feb 12 C $NKLA Feb 4 C $ZM Feb 80 C $BB Mar 5 C $FXI Mar 37 C $UPS Mar 185 C $IQ Feb 8.5 C $UPST Feb10 22 C $CSCO Se 57.5 C

RECAP 1/30 Unusual Calls: $MLCO Feb 12 C $NKLA Feb 4 C $ZM Feb 80 C $BB Mar 5 C $FXI Mar 37 C $UPS Mar 185 C $IQ Feb 8.5 C $UPST Feb10 22 C $CSCO Se 57.5 C

_"(Il Sole 24 Ore Radiocor Plus) - New York, 30 gen - Apertura in calo a Wall Street, all'inizio di una settimana incentrata sulla decisione della Federal Reserve sui tassi d'interesse (attesa mercoledi') e su una serie di trimestrali, in particolare quelle delle Big Tech. Venerdi' scorso, seduta in rialzo - dopo una partenza in calo - e settimana molto positiva, con un guadagno dell'1,8% per il Dow Jones, del 2,5% per lo S&P 500 e del 4,3% per il Nasdaq, al quarto rialzo settimanale consecutivo. Questo mese, finora, il Dow ha guadagnato circa il 2,5%, lo S&P 500 il 6%, il Nasdaq l'11% e si avvia verso la miglior performance mensile da luglio. Per quanto riguarda la Fed, gli analisti prevedono un rialzo di 25 punti base, dopo quattro rialzi di 75 punti e uno di 50 punti, che hanno portato i tassi al 4,25%-4,5%, il massimo in 15 anni. In settimana, circa il 20% delle societa' sullo S&P 500 pubblichera' i conti finanziari, tra cui McDonald's, Ups, Pfizer, Spotify, Snap, Amd e General Motors nella giornata di martedi', Peloton e Meta Platforms il giorno dopo, Apple, Alphabet, Amazon, Ford, Starbucks e Qualcomm nella giornata di giovedi'. Dopo i primi minuti di scambi, il Dow Jones perde 106,28 punti (-0,31%), lo S&P 500 cede 24,64 punti (-0,61%), il Nasdaq perde 105,94 punti (-0,91%). Il petrolio Wti al Nymex e' in calo dell'1,53% a 78,46 dollari al barile."_

#gmx #luetrade aktuell hat er im 1H zwei neue Buysignals bekommen, unter 42,70 wäre nicht so schön. Ups, 42,90 soll 42,70 heissen...

ups falsches forum sorry

Our DRC strategies are great , because they don't interfere with sleep time and they don't require much check ups . They can all be checked just once a day at the same time , so two brief checks , one in the morning and one late afternoon passes all the mangement . But tending openly can be benefecial around the 3rd day , leaving enough time for iMAX and other things through the days .

JAKARTA (Reuters) - Indonesia's finance minister on Monday told the nation's top bankers to be wary of risks to their balance sheets this year due to numerous global risks, including potential debt crises in some countries. In a seminar with bankers, Sri Mulyani Indrawati said risks in 2023 included high inflation, rising interest rates, geopolitical tension and the International Monetary Fund's outlook for slowing global growth. "The ups and downs, whether our economy is healthy or not really depend on the banking sector today, in 2023," Sri Mulyani said. "So if I am guarding the state budget, please take care of your own banks well too," she said, urging bankers to think ahead and not to "continue to be constantly surprised" by global developments. Southeast Asia's largest economy managed to maintain economic stability during an extraordinary year in 2022, she said, with economic growth expected to have remained resilient around 5% in the fourth quarter, following 5.7% growth in the third quarter. Some other countries did not fare so well, Sri Mulyani said, predicting for this year "not only recession but the potential of debt crisis in countries where debt levels are very high". She also warned of global division into geopolitical blocks reminiscent of the Cold War. The Indonesian government would continue to maintain a flexible budget, including anticipating a potential revenue loss from moderating commodity prices, she said. It did well last year, the minister added, citing a fiscal deficit of 2.4% of GDP, much smaller than planned, thanks to strong revenue collection from a commodity export boom. Indonesia's banking sector is well capitalised with a capital adequacy ratio at 25.49% and a non-performing loan ratio at 2.65% as of November. Its central bank last year raised interest rates by a total of 200 basis points and some economists expected further rate hikes this year to bring inflation back to within a 2-4% target. December inflation was 5.51%.

By Nell Mackenzie (Reuters) -World stocks inched higher, European bond yields dropped and the dollar held firm in light trading on Monday following warnings from the International Monetary Fund's managing director that a third of the world will fall into recession in 2023. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.04%, just short of an index of global shares, which climbed 0.18%. The pan-European STOXX 600 index climbed 0.8%, retracing some of the nearly 12% it lost in 2022, bludgeoned by central banks' aggressive monetary policy tightening. Traders were reluctant to trust early-year starts in stock and bond moves, with many markets closed for a holiday and ahead of a host of economic numbers due this week. Inflation data from Europe, minutes from the December U.S. Federal Reserve meeting and U.S. labour market numbers were some of the highlights that Danske Bank chief analyst Piet Haines Christiansen said would be worth watching. "I would be cautious over interpreting any moves this morning," said Christiansen. Markets in Britain, Hong Kong, Ireland, Japan, Singapore, Canada and the United States were shut. Christiansen expected the new year to kick off with a renewed focus on central banks and inflation. Traders would be vigilant for any signs of an approaching recession, he said. Buoyant stock prices in Europe might be due, he said, to survey results published on Monday, which pointed towards a rebound in optimism among euro zone factory managers. S&P Global’s final manufacturing Purchasing Managers’ Index (PMI) bounced to 47.8 in December from November’s 47.1, matching a preliminary reading but below the 50 mark separating growth from contraction. "Europe is taking the latest round of PMIs well enough, as the final readings help to confirm the view (hope?) that the worst may be over for the EU bloc’s manufacturers, especially as energy prices recede to the levels of last February," Russ Mould, investment director at AJ Bell, wrote in emailed comments. DOLLAR STRUGGLES TO MAINTAIN STRENGTH Elsewhere, the dollar edged almost 0.2% higher against a basket of major currencies, while the pound and euro fell 0.4% and 0.2% respectively. "There is an attempt by the dollar index to pull higher today but we do see that it is losing a good part of the strength it gained last year," said Ulrich Leuchtmann, head of forex research at Commerzbank (ETR:CBKG). "After the last Fed meeting, the market was not convinced that the Fed won't cut rates later in 2023. It's going to be an interesting year." U.S. Treasuries will resume trading on Tuesday after a public holiday on Monday. German government bond yields on Monday tumbled from their highest levels in more than a decade amid more hawkish signals from the European Central Bank (ECB). ECB President Christine Lagarde said euro zone wages were growing quicker than earlier thought, and the central bank must prevent this from adding to already-high inflation. Germany's 10-year bond yield fell 12 bps to 2.44%, after hitting its highest since 2011 at 2.57% on Friday. Oil markets were closed but prices in 2023 were set for small gains as a darkening economic backdrop and COVID-19 flare-ups in China threaten demand growth and offset the impact of supply shortfalls caused by sanctions on Russia, a Reuters poll showed on Friday. The new year is going to be "tougher than the year we leave behind," IMF Managing Director Kristalina Georgieva said on Sunday on the CBS Sunday morning news program "Face the Nation." "Why? Because the three big economies - the U.S., EU and China - are all slowing down simultaneously," she said.

I got a ups for my furnace and 75L of gas for my generator

ups habe gerade ein Fehler gemacht > @ttt_financial said: Hier habe ich die Frachtraten graphisch. Ich habe da auch einen Gedanken zu und zwar geht es um eine Veränderung der supply chains. Das würde jetzt hier aber den Rahmen sprengen.

ups und TP erreicht

$AMD Dec 65 P $AVYA Jan 0.5 P $COF Mar 85 P $FEZ Jan 38 P $AAL Feb 12 P $NCLH Dec23 14.5 P $AAPL Jan06 137 P $DB Jan 10 P $AMC Mar 4 P $CCL Jan-25 5 P $XOM Jan 90 P $COIN Jan-24 15 P $CAT Mar 200 P $HD Feb 290 P $ABBV Mar 145 P $HON Feb 195 P $PLTR Jun 7 P $UPS Feb 160 P $PM Mar 90 P $BIG Apr 15 P $RENN Jan 30 P $AAL Jan-25 10 P $U Dec23 26 P

$AMD Dec 65 P $AVYA Jan 0.5 P $COF Mar 85 P $FEZ Jan 38 P $AAL Feb 12 P $NCLH Dec23 14.5 P $AAPL Jan06 137 P $DB Jan 10 P $AMC Mar 4 P $CCL Jan-25 5 P $XOM Jan 90 P $COIN Jan-24 15 P $CAT Mar 200 P $HD Feb 290 P $ABBV Mar 145 P $HON Feb 195 P $PLTR Jun 7 P $UPS Feb 160 P $PM Mar 90 P $BIG Apr 15 P $RENN Jan 30 P $AAL Jan-25 10 P $U Dec23 26 P

(Reuters) - The S&P 500 and the Nasdaq opened lower on Monday as COVID-19 flare-ups in China reignited concerns about slowing growth, while a jump in Disney's shares following Bob Iger's surprise comeback as chief executive supported the Dow. The Dow Jones Industrial Average rose 14.6 points, or 0.04%, at the open to 33760.3. The S&P 500 fell 9.1 points, or 0.23%, at the open to 3956.23​, while the Nasdaq Composite dropped 55.1 points, or 0.49%, to 11091.008 at the opening bell.

By Ankur Banerjee SINGAPORE (Reuters) - The U.S. dollar was firmly higher against major currencies on Monday, while China's yuan slipped as sentiment was soured by rising COVID cases and tightening restrictions in some cities in the world's second-biggest economy. China's capital Beijing reported two deaths for Nov. 20, with the city's most populous district urging residents to stay at home on Monday, extending a request from the weekend as the country fights numerous COVID-19 flare ups. The rising cases and the new deaths have cast doubt on the hopes of an early easing in strict pandemic restrictions that have stifled the economy. "The outlook for China's zero-COVID market will remain a key source of volatility," said Carol Kong, a currency strategist at Commonwealth Bank of Australia (OTC:CMWAY). "If we do see another set of step up in restrictions, it indicates to me that the Chinese officials are still wary of any eventual reopening." The People's Daily newspaper, the mouthpiece of the Chinese Communist Party, on Monday published an article reiterating the need to catch infections early but avoid taking a "one-size-fits-all" approach. The onshore yuan opened at 7.1451 per dollar and weakened to a low of 7.1708, the softest level since Nov. 11. The dollar index, which measures the greenback against six major peers, rose 0.412% to 107.330 on Monday, touching its highest level since Nov. 11. The index advanced 0.5% last week, clocking its biggest weekly gain in a month as investors flocked to the safe haven currency. Despite Monday's gains, the index remains on pace for its worst monthly performance since July 2020. Hawkish comments from Federal Reserve officials have helped the dollar stabilise after its sharp losses earlier in November, when slightly cooler than anticipated inflation data fanned investor hopes of a slowdown in interest rate hikes. "Fed has been pushing back against the dovish narrative the market has had after the October inflation data," said Moh Siong Sim, currency strategist at Bank of Singapore, noting that the comments have provided support for the U.S. dollar. Investors will be keenly interested in the minutes from the Fed's November meeting due to be released on Wednesday for any hints on how high officials ultimately expect to raise interest rates. Elsewhere, cryptocurrencies remained under pressure, with bitcoin down 0.63% to $16,153.00. FTX owes its 50 biggest creditors nearly $3.1 billion, according to bankruptcy filings, as the collapsed crypto exchange undertakes a strategic review of its global assets. The euro was down 0.46% to $1.0277, set for a three-day losing streak and hovering at lowest level since Nov. 14, while sterling was last trading at $1.1831, down 0.47% on the day. The Australian dollar fell 0.49% versus the greenback to $0.664, while the kiwi was down 0.41% at $0.613. ======================================================== Currency bid prices at 0559 GMT Description RIC Last U.S. Close Pct Change YTD Pct High Bid Low Bid Previous Change Session Euro/Dollar $1.0282 $1.0326 -0.42% -9.55% +1.0333 +1.0273 Dollar/Yen 140.5050 140.3950 +0.02% +22.09% +140.5650 +140.3000 Euro/Yen 144.49 144.92 -0.30% +10.87% +145.0100 +144.3400 Dollar/Swiss 0.9555 0.9547 +0.12% +4.79% +0.9562 +0.9531 Sterling/Dollar 1.1831 1.1885 -0.53% -12.59% +1.1895 +1.1822 Dollar/Canadian 1.3411 1.3390 +0.21% +6.12% +1.3423 +1.3385 Aussie/Dollar 0.6649 0.6673 -0.36% -8.54% +0.6681 +0.6637 NZ 0.6130 0.6152 -0.37% -10.45% +0.6169 +0.6126 Dollar/Dollar All spots Tokyo spots Europe spots Volatilities Tokyo Forex market info from BOJ

ups, falscher Tag

I had a a few set ups that supported your long USD view earlier in the week, which gave me even more conviction to enter into the trades. I moved my SL to BE after the initial leg higher in the USD, but two got stopped out on the retrace ahead of FOMC - CAD & USD, but was still in AUD and GBP and has been a great week .. so thank you for your insights

**__TRIMESTRALI USA DELLA SETTIMANA DI MAGGIOR IMPATTO__** **__Lunedì 24 Ottobre 2022__** Cadence Design (CDNS) Discover (DFS) Alexandria RE (ARE) WR Berkley (WRB) Brown&Brown (BRO) Packaging America (PKG) Zions (ZION) Kirby (KEX) **__Martedì 25 Ottobre 2022__** Alphabet A (GOOGL) Alphabet C (GOOG) Visa A (V) Coca-Cola (KO) Texas Instruments (TXN) United Parcel Service (UPS) NextEra Energy (NEE) Raytheon Technologies (RTX) Lockheed Martin (LMT) Chubb (CB) General Electric (GE) 3M (MMM) Illinois Tool Works (ITW) Sherwin-Williams (SHW) General Motors (GM) Valero Energy (VLO) Archer-Daniels-Midland (ADM) Moody’s (MCO) Chipotle Mexican Grill (CMG) Centene (CNC) Biogen (BIIB) Kimberly-Clark (KMB) Twitter Inc (TWTR) MSCI (MSCI) PACCAR (PCAR) Halliburton (HAL) Ameriprise Financial (AMP) Corning (GLW) Equity Residential (EQR) Synchrony Financial (SYF) IDEX (IEX) Boston Properties (BXP) Teradyne (TER) Juniper (JNPR) F5 Networks (FFIV) PulteGroup (PHM) Robert Half (RHI) Pentair (PNR) JetBlue (JBLU) **__Mercoledì 26 Ottobre 2022__** Microsoft (MSFT) Meta Platforms (META) Thermo Fisher Scientific (TMO) Bristol-Myers Squibb (BMY) ADP (ADP) Boeing (BA) ServiceNow Inc (NOW) General Dynamics (GD) Waste Management (WM) CME Group (CME) Boston Scientific (BSX) Ford Motor (F) Norfolk Southern (NSC) O’Reilly Automotive (ORLY) Kraft Heinz (KHC) Amphenol (APH) Hess (HES) KLA Corp (KLAC) Roper Technologies (ROP) Hilton Worldwide (HLT) Enphase (ENPH) IQVIA Holdings (IQV) Cognizant A (CTSH) Old Dominion Freight Line (ODFL) Digital (DLR) Otis Worldwide (OTIS) AvalonBay (AVB) Fortive (FTV) Raymond James Financial (RJF) eBay (EBAY) DTE Energy (DTE) United Rentals (URI) Rollins (ROL) Mid-America Apartment (MAA) Teledyne Technologies (TDY) Align (ALGN) Garmin (GRMN) Cincinnati Financial (CINF) Essex Property (ESS) Tyler Technologies (TYL) Avery Dennison (AVY) UDR (UDR) Everest (RE) VF (VFC) Masco (MAS) Fortune Brands (FBHS) Invesco (IVZ) Ryder System ® **__Giovedì 27 Ottobre 2022__** Apple (AAPL) Amazon.com (AMZN) Mastercard (MA) Merck&Co (MRK) McDonald’s (MCD) Linde PLC (LIN) Comcast (CMCSA) Honeywell (HON) Intel (INTC) Caterpillar (CAT) S&P Global (SPGI) American Tower (AMT) Gilead (GILD) Northrop Grumman (NOC) Altria (MO) Southern (SO) Fiserv (FISV) Keurig Dr Pepper (KDP) Edwards Lifesciences (EW) L3Harris Technologies (LHX) American Electric Power (AEP) Republic Services (RSG) DexCom (DXCM) Capital One Financial (COF) Arthur J Gallagher (AJG) Newmont Goldcorp (NEM) Xcel Energy (XEL) Warner Bros Discovery (WBD) ResMed (RMD) Baidu (BIDU) Carrier Global (CARR) PG E (PCG) Baxter (BAX) Seagen (SGEN) Willis Towers Watson (WTW) T Rowe (TROW) Weyerhaeuser (WY) CBRE A (CBRE) Hartford (HIG) FirstEnergy (FE) Principal Financial (PFG) Southwest Airlines (LUV) VeriSign (VRSN) Laboratory America (LH) West Pharmaceutical Services (WST) CMS Energy (CMS) Monolithic (MPWR) LKQ (LKQ) Textron (TXT) Kimco (KIM) International Paper (IP) ABIOMED (ABMD) Bio-Rad Labs (BIO) Western Digital (WDC) Stanley Black Decker (SWK) Teleflex (TFX) Eastman Chemical (EMN) BorgWarner (BWA) Allegion PLC (ALLE) AO Smith (AOS) Universal Health Services (UHS) Mohawk Industries (MHK) **__Venerdì 28 Ottobre 2022__** Exxon Mobil (XOM) Chevron (CVX) AbbVie (ABBV) Charter Communications (CHTR) Colgate-Palmolive (CL) Aon (AON) WW Grainger (GWW) Coterra Energy (CTRA) Church&Dwight (CHD) Royal Caribbean Cruises (RCL) Newell Brands (NWL)

By Shadia Nasralla LONDON (Reuters) -Oil prices dipped in a choppy trading session on Friday as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target. Brent crude futures were down 76 cents, or 0.8%, at $93.81 a barrel at 1044 GMT while U.S. West Texas Intermediate (WTI) crude futures fell 85 cents, or 1%, to $88.26. The Brent and WTI contracts both oscillated between positive and negative territory on Friday but were down more than 4%over the week after two weeks of gains on concern over the global economy. China, the world's largest crude oil importer, has been fighting COVID flare-ups after a week-long holiday. The country's infection tally is small by global standards, but it adheres to a zero-COVID policy that is weighing heavily on economic activity and thus oil demand. The International Energy Agency (IEA) on Thursday cut its oil demand forecast for this and next, warning of a potential global recession. U.S. core inflation recorded its biggest annual increase in 40 years, reinforcing views that interest rates would stay higher for longer with the risk of a global recession. The next U.S. interest rate decision is due on Nov. 1-2. "The significant downward corrections of (oil) demand forecasts, above all for next year, have been depressing prices," Commerzbank (ETR:CBKG) analysts said. "We envisage little further downside potential, however. The market is set to be just about balanced despite weaker demand in the first half of the year due to the OPEC+ production cuts." The Organization of the Petroleum Exporting Countries and allies, together known as OPEC+, last week announced a 2 million barrel per day (bpd) cut to oil production targets. Underproduction among the group means this will probably translate to a 1 million bpd cut, the IEA estimates. Saudi Arabia and the United States, meanwhile, have clashed over the decision. Oil prices were also supported by a steep drawdown in U.S. distillate stocks, though there has been a larger than expected surge in U.S. crude oil in storage. [EIA/S]​

INTERESSANT ups festelltaste

$PFSI Nov 35 P $BHC Nov 6 P $QCOM Nov 120 P $FEZ Nov 29 P $NKLA Nov 5/3 P Spd $FAST Oct 45 P $BAC Jan 23 P $FDX Jun 90 P $UPS Jan 95 P $PFSI Nov 35 P

RECAP 10/10 Unusual Puts: $PFSI Nov 35 P $BHC Nov 6 P $QCOM Nov 120 P $FEZ Nov 29 P $NKLA Nov 5/3 P Spd $FAST Oct 45 P $BAC Jan 23 P $FDX Jun 90 P $UPS Jan 95 P $PFSI Nov 35 P

**howardlindzon:** Charlie's 10 charts and week In charts video - always good for market catch ups https://t.co/AASGAnxmbm https://t.co/M5c6AEq2jN $sy $qqq https://twitter.com/howardlindzon/status/1578403415792680962

**ericjackson:** The market isn't dumb when longer duration names in smaller growth and biotech have been doing well in the last few days despite the macro noise. What other sectors have better risk/reward set ups going forward in terms of growth prospects, expectations and valuation? https://twitter.com/ericjackson/status/1575105311282794499

$UPS - Bearish flow noted in UPS (169.94 -3.90) with 2,770 puts trading, or 1.5x expected. The Put/Call Ratio is 1.56, while ATM IV is up nearly 2 points on the day. Earnings are expected on 10/24

kinda crazy > @Jonove said: And... the SUS of the FDX release. "sethmarcus 01:20 PM - Evercore ISI's Jon Chappell "We met with UPS last week, and they basically reiterated their guidance for 2022. Have spoken to all the major railers and none are speaking to the softness expressed by FedEx.”

And... the SUS of the FDX release. "sethmarcus 01:20 PM - Evercore ISI's Jon Chappell "We met with UPS last week, and they basically reiterated their guidance for 2022. Have spoken to all the major railers and none are speaking to the softness expressed by FedEx.”

i am a software developer , and i work for many companies , well i am still developing the software basket for my base company , would you like me to introduce you to some indicators , they alert via email , sound , and pop ups window messages , when there are market entries , i also develop automatic trading software . . . @Orleansbig

By Yuka Obayashi TOKYO (Reuters) -Oil prices dropped on Thursday, as investors were worried that aggressive interest rate hikes from global policymakers would slow economies and dent fuel demand, while renewed restrictions to curb COVID-19 in China also added pressure. Brent crude futures fell 80 cents, or 0.8%, to $94.84 a barrel by 0626 GMT. U.S. West Texas Intermediate (WTI) crude futures slid 85 cents, or 1%, to $88.70 a barrel. "Growing fears over weakening fuel demand due to aggressive rate hikes by the U.S. and European central banks outweighed concerns over tight global supply," said Hiroyuki Kikukawa, general manager of research at Nissan (OTC:NSANY) Securities. Recent signs of weakness in China's economy and the country's stronger pandemic restrictions also weighed on sentiment, he added. "The tug-of-war market reflecting sluggish demand outlook and tight supply estimates is expected to continue going forward," Kikukawa said. China's factory activity contracted for the first time in three months in August amid weakening demand, while power shortages and fresh COVID-19 flare-ups disrupted production, a private sector survey showed. Southern Chinese tech hub Shenzhen tightened COVID-19 curbs as cases continued to mount, with large events and indoor entertainment suspended for three days in the city's most populous district, Baoan. Recent oil market volatility has followed concerns about inadequate supply in the months after Russia sent military forces into Ukraine and as OPEC struggles to increase output. However, production in both the Organization of the Petroleum Exporting Countries (OPEC) and the United States has risen to its highest level since the early days of the coronavirus pandemic. OPEC's output hit 29.6 million barrels per day (bpd) in the most recent month, according to a Reuters survey, while U.S. output rose to 11.82 million bpd in June. Both are at their highest levels since April 2020. Still, the oil market will have a small surplus of just 0.4 million bpd in 2022, much less than forecast earlier, according to OPEC and its partners - known as OPEC+ - due to underproduction of its members, OPEC+ sources said. Meanwhile, U.S. crude stocks fell by 3.3 million barrels, the U.S. Energy Information Administration said on Wednesday, while gasoline stocks were down 1.2 million barrels. Finance ministers from the Group of Seven club of wealthy nations will discuss the U.S. Biden administration's proposed price cap on Russian oil when they meet on Friday, the White House said.

By Julia Payne LONDON (Reuters) - Oil prices continued to slide on Wednesday on investor worries about the ailing state of the global economy, bearish oil demand signals from OPEC+, and increased restrictions to curb COVID-19 in China. Brent crude futures for October, due to expire on Wednesday, were down $2.78 at $96.53 a barrel following Tuesday's $5.78 loss. The more active November contract was down $1.37, or 1.4%, at $96.47 a barrel. U.S. West Texas Intermediate (WTI) crude futures were down $1.31, or 1.43%, at $90.33 a barrel by 1303 GMT, after sliding $5.37 in the previous session on recession fears. Both contracts fell by more than 3% in earlier trade. "The latest signs of stuttering growth are contracting Chinese factory activity in August and the slower-than-expected expansion of the country's service sector," Tamas Varga, analyst at PVM Oil Associates, said. "Additionally, both the Fed and the ECB are thought to hike interest rates significantly next month, probably by as much as 0.75% - and all these make equity investors run for the exit. Oil duly follows, at least for the time being." Euro zone inflation jumped to another record high and will soon hit double-digit territory, heralding a string of big interest rate hikes even as a painful recession appears increasingly certain. Inflation in the 19 countries sharing the euro currency accelerated to 9.1% in August from 8.9% a month earlier. Meanwhile, UK bonds continued a rapid sell-off on a scale not seen since the 1990s due to the country's bleak economic outlook. China's factory activity extended declines in August as new COVID infections, the worst heatwaves in decades and an embattled property sector weighed on production, suggesting the economy will struggle to sustain momentum. Parts of China's southern city of Guangzhou imposed COVID-19 curbs on Wednesday, joining the tech hub of Shenzhen in battling flare-ups and fuelling uncertainty over commerce and daily life in two of the region's most economically vibrant cities. Adding to the bearish signals was a report by the Joint Technical Committee of the Organization of the Petroleum Exporting Countries (OPEC) and allies, together called OPEC+. In it, the JTC said its base case scenario was an oil surplus this year of 900,000 barrels per day (bpd), up 100,000 bpd from its forecast a month earlier. Some OPEC+ members have called for cuts. The group is next due to meet on Sept. 5. On the bullish side, data from the American Petroleum Institute (API) showed gasoline inventories fell by about 3.4 million barrels, while distillate stocks, which include diesel and jet fuel, fell by about 1.7 million barrels for the week ended Aug. 26 [API/S]. The drawdown in gasoline stockpiles was nearly triple the 1.2 million barrel drop that eight analysts polled by Reuters had expected on average. For distillate inventories they had expected a drop of about 1 million barrels. However, API data showed crude stocks rose by about 593,000 barrels, against analysts' estimates of a drop of around 1.5 million barrels. Russian action on natural gas lent further support. Gazprom (MCX:GAZP) halted natural gas flows through Europe's key supply route on Wednesday as the economic battle intensified between Moscow and Brussels.