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While the authorities will be keen for any curbs to be as targeted as possible to reduce damage to the world's second-largest economy, this news does bring back memories of the prolonged lockdowns earlier in the year which clogged global supply chains and hit international trade.īy 02:05 AM ET, U.S. The highly-transmissible BA.5 Omicron variant was discovered in China’s commercial hub over the weekend, prompting another round of mass screening from Tuesday to Thursday. Oil prices edged lower Monday as fresh COVID concerns in Shanghai raised fears of new lockdowns and a hit to demand from the largest importer of crude in the world. EDF, in which the state already has an 84% stake, is one of Europe's biggest utilities and is central to France's nuclear strategy. banks leading the way.Īhead of that, Danske Bank (CSE: DANSKE) will be in the spotlight after it reduced its full-year net profit outlook on Sunday, hurt by rapidly rising interest rates and unfavorable financial market conditions.įrench power utility EDF (EPA: EDF) will also be in focus after the French government announced over the weekend that it would fully nationalize the debt-laden company. The second-quarter earnings season also kicks off this week, with U.S. In combination with Friday’s strong nonfarm payrolls release, this will continue to hold the Federal Reserve’s feet to the fire, pointing to another interest rate hike of 75 basis points which is likely to have an impact on global growth. These numbers would be accelerations from last month’s numbers, with the cost of energy seen as the main driver. consumer price index is expected to show an 8.8% year over year increase and a 1.1% month over month increase. fell 0.7%.Įuropean indices closed higher Friday, rebounding after the sharp sell-off in the first half of the year, but this positive tone is under threat at the start of the new week ahead of the release of the latest set of CPI reports from a number of countries, primarily the U.S.įrench, German, and Spanish CPIs are all expected to stay at or near record levels, while the U.S. inflation report that could point to another substantial interest rate hike.Īt 02:00 AM ET (0600 GMT), the DAX futures contract in Germany traded 1.2% lower, CAC 40 futures in France dropped 1.5%, and the FTSE 100 futures contract in the U.K. Texsolv loom cord tie-up system, including pegs where - European stock markets are expected to open lower Monday, with investors taking a cautious stance at the start of a week that includes a U.S.Texsolv Heddles (quantity depends on size and type of loom).Stainless Steel Reed of your choice of dents per inch.No assembly tools are required, and all components are numbered. All new looms are tested in the shop then knocked-down into 4 components for shipping. All looms are expertly sanded and hand-rubbed oil-finished. Texsolv heddles and loom cord system means easy tie-ups, quiet and lightweight operation.The bearings will last a lifetime - after that they are easily replaceable. Bronze bearings on rotating metal parts.Stainless Steel metal parts throughout.Solid hardwood construction make these looms very sturdy and reliable.32 stops make for precise tension control. Tough laminated ratchets are low-cost yet virtually unbreakable.You'll always have enough shed (2-1/2" +) to get your biggest shuttles through the warp. Lets you weave longer before the warp needs to be advanced, and keeps the weft from being beaten "up" or "down" into the cloth. Swinging Beater means that the reed is always perpendicular to the warp.This loom includes everything on the " Standard Features List" below.įor the really creative and innovative weaver. See the " Standard Features List" below to see why Mountain Loom offers the highest quality loom for your money.įor the more ambitious weaver who needs more than one warp beam on a small loom. The available folding option can turn any 4 or 8 harness table loom into a compact traveler so you can take your loom anywhere - even with the warp threaded on!!. The larger 18", 22", and 28" sizes are great for workshops, general use, and any weaver with space limitations. The smaller 12" size is ideal for workshops, classrooms, travelers, and as a sampler companion for a large floor loom. These are the perfect looms for just about any project. Regular Table Looms - Click to see the "Big Pictures" and more product info.