The US State Department said that more Russian troops, not fewer, are on the Ukraine border and they’re moving concerningly into fighting positions. However, they say there is still room for diplomacy unless they make the decision to go in. The latest Ukrainian intelligence report shows no evidence of Russian …
Read More »Germany’s Scholz Halts Nord Stream 2
German Chancellor Olaf Scholz postponed the Nord Stream 2 gas pipeline certification, designed to bring Russian gas to Germany on Tuesday after Russia formally recognized two breakaway regions in eastern Ukraine. The €10 billion pipelines, which were recently completed but not yet operational, transported 55 cubic meters of natural gas …
Read More »BofA: Brent Crude at $120 in The Middle of This Year.
The Research Center at Bank of America expected the price of Brent crude oil to reach the level of 120 dollars per barrel by the middle of this year. Today, the price of oil rose to its highest level since 2014, following Russia’s recognition of the separatist republics in eastern …
Read More »Germany: IFO Business Climate Improves to 98.9 in February
The headline German IFO Business Climate Index improved to 98.9 in February from 96 (revised from 95.7 in January). This reading came in higher than the market expectation of 96.5. The Current Assessment Index rose to 98.6 from 96.2 and the Expectations Index advanced to 99.2 from 95.8. Both of these …
Read More »Euro Volatility Index Rises as Ukraine Crisis Escalates
The euro’s one-month volatility jumped to a 15-month high on Tuesday, as the single currency was hurt by increased risk aversion amid rising gas prices and escalating tensions in Ukraine. Russian President Vladimir Putin ordered troops into two breakaway regions in Ukraine, sending the one-month euro volatility index to its …
Read More »European Shares Fall to Their Lowest Level in Seven Months Due to The Ukraine Crisis
European shares fell in early trading on Tuesday to their lowest levels in seven months, as investors worried about the possibility of economic sanctions against Russia, which has ordered the deployment of troops in two breakaway regions in eastern Ukraine. The pan-European Stoxx 600 index fell 1.7 percent, down for …
Read More »Oil Rises Due to a New Escalation in The Ukrainian Crisis
Oil prices jumped more than $2 on Tuesday amid fears of supply disruptions as tensions escalated between Russia and Ukraine after Moscow ordered troops into two breakaway regions in eastern Ukraine. Moscow’s move drew international condemnation, and US officials said Washington, in coordination with allies, was planning to announce new …
Read More »Japanese Stocks Close Lower For The Fourth Day
Japan’s Nikkei closed lower on Tuesday for the fourth consecutive session as tensions escalated over Ukraine. The Nikkei fell 1.71 percent to 26,449.61 points, but it made up for part of a 2.5 percent loss. The broader Topix index fell 1.55 percent to 1881.08 points, to close down for the …
Read More »German Dax Extend Losses 22/2/2022
The German DAX index started its daily trading with a strong bearish tendency, achieving losses below the 14500 barrier, recording a low at 14,380. Technically, the price built below the previously broken support-into-resistance 14,500, in addition to the negative pressure of the simple moving averages that support the daily bearish …
Read More »Dow Jones Form a Negative Attack 22/2/2022
Oil, Crude, trading
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