In a remarkable development and a nod to Russia, Ukraine hints, on Tuesday, that the east Eropean nation is no longer insisting on NATO membership. Similar news headline is now prevailing world media outlets though was referring to an interview conducted on Monday. Ukraine’s aspirations to join NATO was a …
Read More »Aeroflot 401 Reveals Western Efforts To Paralyze Russian Commercial Aviation
Civil aviation experts of Aerodynamic highlighted the intriguing story of Aeroflot 401 as an important example of an in-depth discussion on Russia, Ukraine and the impact of the ongoing war on global air transport.Aeroflot Flight 401 had taken off at night, in the pre-dawn hours of March 3, and quickly …
Read More »Japan Supports G7 Sanctions Against Russia
In his appearance Tuesday, Bank of Japan Governor Haruhiko Kuroda said that potential sanctions from the G7 countries will have a significant impact on Russia’s finances, adding that “the amount of foreign reserves that Russia can tap has already significantly decreased due to the sanctions.” Where Japan expressed its readiness …
Read More »Nikkei Closes at 16-Month Low
Japan’s Nikkei index closed at a 16-month low on Tuesday as investors worried that higher oil and other commodity prices would hurt corporate earnings and slow economic growth. The Nikkei index fell 1.71 percent to 24790.95, its lowest closing level since November 6, 2020, while the broader Topix index fell …
Read More »Market Drivers – US Session – 7 March 2022
Risk aversion continues as the major market driver amid the Russian invasion of Ukraine. The attacks have continued throughout the weekend, and a third round of cesefire talks has not eased the situation. Economic DataThe Investor Movement Index® (IMXSM) decreased to 6.79 in February, down from 7.07 in January. The …
Read More »IMXSM Index decreased in February
The Investor Movement Index® (IMXSM) decreased to 6.79 in February, down from 7.07 in January. The IMX is TD Ameritrade’s proprietary, behavior-based index, aggregating Main Street investor positions and activity to measure what investors actually were doing and how they were positioned in the markets. February’s reading for the period …
Read More »US Equities Slump Lower Amid Renewed Stagflation Concerns
US equities markets took a beating on Monday as a fresh surge in global commodity prices on Russia supply disruptions fears triggered fears of higher US inflation coupled with weaker growth against the backdrop of the Federal Reserve’s tightening.The S&P 500 cratered nearly 3.0%, dropping all the way back to …
Read More »Financial Tightening Sounds Alarm For Global Economy
Global financial conditions, perceived as strongly correlated with future growth, are at the tightest levels in two years, driven by soaring energy prices, sliding stocks and the market consequences of the Ukraine-Russia conflict.Financial conditions is the umbrella phrase for how metrics such as exchange rates, equity swings and borrowing costs …
Read More »Gold Price Stabilizes Around $1,980, As Mood Improves
Gold Price retreats from a fresh multi-month high and filled the weekly opening gap. As the US braces for Russian oil import ban even without allies, UK Defense Chief hints at further violence in Kyiv. Gold price bounced from an intraday low of $1,960.95, quickly recovering roughly $15 per troy …
Read More »Japan’s Nikkei Index Records Biggest Drop in 5 Weeks
Japan’s Nikkei index posted its biggest drop in more than five weeks on Monday as the Russia-Ukraine war showed no signs of ending, driving up oil and other commodity prices and raising fears of an inflationary shock accompanied by a global economic recession. The Nikkei index lost 2.94 percent to …
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