Russian Transport Minister Vitaly Savelyev said on Tuesday that 78 Russian planes had been confiscated abroad, the Interfax news agency reported, as Russia suffers the effects of international sanctions over its actions in Ukraine. Sanctions cut off supplies of aircraft, spare parts, and services to Russia, and Russian airlines have …
Read More »The yen and the euro fell due to the possibility of a US interest rate hike
The dollar rose on Tuesday after US Federal Reserve Chairman Jerome Powell raised the possibility of a 50 basis point rate hike, while the yen slipped below 120 yen to the dollar after the Bank of Japan reiterated its support for loose monetary policy. The euro was also pressured, falling …
Read More »Oil prices drop below $114 as EU split over Russian oil embargo
Oil prices fell below $114 a barrel on Tuesday, giving up part of their 7 percent gains on Monday, as European Union member states split over a possible ban on Russian oil, but persistent supply risks limited prices. The bloc’s foreign ministers were divided over whether to join the United …
Read More »Gold stabilizes amid rising US bond yields and developments in the Ukraine crisis
Gold prices stabilized on Tuesday as US bond yields rose to multi-year highs following the Federal Reserve’s decisive stance on inflation while escalating conflict between Russia and Ukraine boosted demand for the safe-haven metal. And the price of gold settled in spot transactions at the level of $ 1936.03 an …
Read More »European shares rise with the support of the banking and energy sectors
European shares rose on Tuesday, boosted by the continued recovery of energy stocks on the back of higher oil prices and gains in banking shares after hawkish comments from the US Federal Reserve chairman. The pan-European Stoxx 600 index rose 0.2 percent after a tepid start to the week. The …
Read More »The US dollar is rising after Powell’s comments
The US dollar rose against a basket of major currencies on Monday, following comments from Federal Reserve Chairman Jerome Powell that opened the door for the US central bank to pursue a more tightened path of monetary policy. The greenback fluctuated between small gains and losses earlier on Monday and …
Read More »Russia’s Gazprom says it continues to export gas to Europe
Russian energy giant Gazprom said on Tuesday it was still supplying gas to Europe via Ukraine in line with the demands of European consumers. The company said orders reached 108 million cubic meters on March 22, up from 104.7 million cubic meters on March 21.
Read More »Nikkei continues gains for the sixth session
Japan’s Nikkei rose for a sixth straight session on Tuesday, posting its longest winning streak since September, as rising oil prices boosted energy stocks, while financial services stocks gained on higher global bond yields. The Nikkei closed up 1.48 percent to 27,224.11 points, after touching its highest level since February …
Read More »Dow Jones May Form a Bullish Attack 22/3/2022
Oil, Crude, trading
Read More »CAD: Consolidating The Downtrend 22/3/2022
The Canadian dollar failed to retest the resistance of 1.2640 as we expected. Instead, we relied on the positive signs on the momentum indicator, explaining the idea of retesting the general bearish trend, recording the lowest price at 1.2565. Technically, by looking at the 240-minute chart, we notice that the …
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