Futures contract

The U.S. dollar and stock index futures experienced notable increases, while Bitcoin reached record highs, as investors anticipated a victory for Donald Trump in the presidential race. The dollar index, which measures the U.S. currency against six other major currencies, surged by 1.8% to 105.22, its highest level since July.

Swiss bank UBS believes gold is gearing up for its next upward move and although it has already reached record highs, investor positioning does not appear to be particularly high.

European shares fell sharply at the start of the session on Monday as global volatility continued amid concerns of a looming US recession.

More than 80% of households will pay around €0.15 per kilowatt-hour in their electricity bills, after the subsidies announced Thursday by the minister of environment and energy. Energy providers have agreed to absorb most of the rising energy costs.

Bulgaria emerges as a surprising leader in the realm of gold ownership, securing its position among the top three countries in Europe per capita, as revealed by financial expert Max Baklayan in an interview with BNR.

The stock price of gas on the ICE Futures site has fallen almost 20% so far, according to trading data. The price of September futures at the TTF hub in the Netherlands, which determines the pricing of the continent, as of 12:30 p.m. fell by 18.7%, reaching €275.8 for 1 MWh, or 83.83 per thousand cubic meters.

Natural gas in Europe rose by 6.68 percent at 13:30 p.m. Bulgarian time compared to yesterday's price, according to data from the ICE exchange. Currently, futures for July at the TTF hub in the Netherlands are trading at 125.60 euros per megawatt-hour or about 1310 dollars per 1,000 cubic meters.

The S&P500 index fell 3.9% intraday on Monday, closing the index in the bear market territory. The Nasdaq collapsed more than 4.6%, losing a third of its all-time high in November last year.

European stock markets are under new sales pressure, with US stock futures declining in view of indications of escalating tensions between Ukraine and Russia.

The Natural Gas Futures Market (NFM) will enable market participants to predict prices and minimize risks against price fluctuations, Turkey's Deputy Energy and Natural Resources Minister and Chairman of EXIST Abdullah Tancan, told Anadolu Agency.