Bitcoin has been crushed at times over the last week, but the improvement markets have seen in risk appetite has given it a big boost. It is now recovering around 15% from yesterday’s lows and is up more than 2% today.Bitcoin is the ultimate risk asset, and if sentiment remains …

The US housing market continues to lose momentum with fewer Americans starting the process of buying a new home, according to the latest data from the the National Association of Realtors (NAR).Friday, the association said that its Pending Home Sales Index fell to a reading of 109.5 in January, down …

US shares rose on the last day of the current trading week, despite having been in the red territory since Russian President Vladimir Putin recognized Donetsk and Luhansk separatist regions in Ukraine as independent states.Wall Street stocks were positively driven by economic data, which highlighted the rise of durable goods …

The US Federal Reserve on Friday released its semiannual Monetary Policy Report (MPR), which it normally does one week ahead of Fed Chair Jerome Powell’s semiannual testimony before the US Congress. The report reiterated the Fed’s policy guidance that it will soon be appropriate to raise the target range for …

The US Dollar Index (DXY), which tracks the greenback vs. a bundle of its main competitors, comes under pressure and slips back below the 97.00 yardstick on Friday.The index gives away further ground following a tepid change in the markets’ mood after news reported a probable meeting between Russian and …

European Central Bank President Christine Lagarde said on Friday that the central bank stands ready to take whatever action is needed to ensure price stability and financial stability in the Eurozone.Lagarde said that it would be premature to assess the exact impact of the conflict in Ukraine just yet, but …

Fears and panic dominate financial markets as Russia launched a military assault on Ukraine. Moscow attacked not only the Donbass region but got near Kyiv during US trading hours. Russia ignores global sanctions and seems determined to take full control of Ukraine, while sanctions tend to avoid Russian energy. A …

Russian military forces are expected to begin a large-scale bombardment of the Ukrainian capital city of Kyiv from around 01:00 o’clock (GMT), per a CNN correspondent citing an intelligence report. Markets have not reacted yet to this headline but it certainly will not be positive for global risk appetite if …

Oil markets saw the most intra-day volatility since in nearly three months on Thursday, with front-month WTI futures surging over $8.0 to above $100 for the first time since 2014, only to then drop all the way back to $93.00. The initial surge in crude oil prices was triggered as …

US President Biden outlined a new round of sanctions against Russia on Thursday in response to an invasion of Ukraine that threatens to embroil Europe in a major war.The latest sanctions targeted Russian banks, as well as some of the nation’s wealthiest individuals. Biden depicted the measures as a necessary …