A typically dark day for Europe witnessed extraordinary shock across financial markets. This report sums up some of the signals that world economy received during the first hours of the assault. Dow Jones plunges as Russian assault against Ukraine roils global markets, oil prices soared to record highs after Russia …

Support levels fell like dominoes on Thursday as the GBP/USD pair continues to react to woes related to Russia’s assault on Ukraine. Traders ditch risk-sensitive currencies like sterling in favour of safe-haven currencies like the US dollar or Japanese yen as global equities tumble, the pair is on course for …

The US session closed with investors expressing very pale optimism about Eastern Europe developments, despite this weak optimism the market’s sentiment deteriorated during US trading hours, resulting in the stronger USD against most of its major rivals.Ukraine declared the State of Emergency starting February 24 and for 30 days amid …

“Today, Putin did not respond to a request for a phone call,” said Ukraine President Volodymyr Zelenskyy during early Thursday morning in Asia.Ukraine President Zelenskyy warned that Russia’s move could escalate tensions while also saying, “Ukraine is not a threat to Russia.”During late Wednesday, Ukraine Foreign Minister Dmtryo Kuleba also …

On Wednesday, Ukraine called its citizens back from Russia and declared a state of emergency. While, Moscow began evacuating its Kyiv embassy, in the latest ominous signs for Ukrainians who fear an all-out Russian military onslaught, as per Reuters.The lack of positive developments over the Russia-Ukraine tussle has put the …

Ukraine Foreign Minister Dmtryo Kuleba’s remarks, on geopolitical tensions with Russia recently, have added to the risk-off market sentiment as the diplomat conveyed the emergency meeting request to the United Nations (UN) Security Council.Ukraine Foreign Minister Kuleba also said, “The plea by separatist leaders to Russia for military support is …

Although several Wall Street banks and traders expected the Fed to chart a very aggressive course in normalizing policy due to surging inflation, that outlook has shifted amid the heightened tensions in Europe. Some observers suggest that Fed could adopt a less hawkish stance on the backdrop of the prevalent …

The EUR/USD slides, on Wednesday, as Ukraine – Russian tensions increase and US intelligence community reported that Russia could invade Ukraine within the next 48 hrs. During the day, the EUR/USD reached a daily high at 1.1358, but worsened market mood witnessed ebbs flowing to the greenback. At the time …

The S&P 500 index has pierced the weekly lows (24 Jan 4,222.62), printing a low of 4,221.51.More details will follow soon.

The US Department of Defense spokesperson Joh Kirby said on Wednesday that Russian forces are in an “advanced” state of readiness near Ukraine. Separately, the White House reiterated on Wednesday that US President Joe Biden does not have any plans to send soldiers to Ukraine to fight.