Countries that depend on the region’s rich supply of energy, wheat, nickel and other staples could feel the pain of price spikes.After getting battered by the pandemic, supply chain bottlenecks and price jumps, the global economy is expected to be sent on one more unpredictable course by an armed clash …
Read More »Market Drivers – US Session – 21 Feb. 2022
Latest news says Russia has right to deploy military bases in eastern Ukraine under new agreement with separatist leaders.The news escalates the fears of a military invasion by Russia and weigh on the risk appetite, which in turn drag Antipodeans and propel the rush to risk-safety.Economic DataUS markets are still …
Read More »Noor Capita | Dubai TV Mohammed Hashad’s Interview, 21 February 2022
Dubai TV screen hosted Mohammed Hashad, Director of Research and Development Department at Noor Capital and member of the US Association of Technical Analysts, to comment on investors’ being more cautious, watchful, and anticipating in the crude oil market, particularly in light of the current developments in Ukraine and the …
Read More »Financial Markets React To Putin’s Latest Statements On Ukraine
Russian President Vladimir Putin on Monday called Eastern Ukraine “ancient Russian lands” and said that the region is an integral part of Russian history. Putin said that the situation in Eastern Ukraine is “critical” and talked about how modern Ukraine was created by communist Russia under Bolshevik leader Vladimir Lenin. …
Read More »European Shares Track Global Market Rally, Boosted by Optimism About Ukraine Summit
European shares rose on Monday, tracking global markets rallying with positive signs, as investors hoped for a solution to the Ukraine crisis after news that US and Russian leaders had agreed in principle to hold a summit on the issue. The pan-European STOXX 600 index rose 0.6 percent, tracking an …
Read More »Nikkei Closed Lower For The Third Day This Week
Japan’s Nikkei fell on Monday for the third consecutive session after persistent fears of a possible Russian invasion of Ukraine pushed investors away from riskier assets. The Nikkei index closed down 0.76 percent to record 2,6910.67 points, trimming most of its 2.11 percent losses in early trading, after reports of …
Read More »US Equities Dipped In Second Successive Weekly Loss
US equity markets fell for a second successive session on Friday ahead of the long weekend and now look on course to post a second successive negative weekly close for the first time since November 2021.US equity investors said on Friday that they didn’t want to be caught exposed ahead …
Read More »European Shares Rise Supported by Earnings
European shares rose on Friday, boosted by solid earnings results for companies and the prospect of de-escalation of tension between Washington and Moscow over the Ukraine crisis. The pan-European Stoxx 600 index rose 0.2 percent, as gains in auto and mining stocks outpaced losses in the technology sector. Renault shares …
Read More »Nikkei Reports Small Losses as Fears of Imminent Conflict in Ukraine
The Nikkei extended its losses on Friday after investors took some reassurance from the news that US Secretary of State Anthony Blinken and his Russian counterpart Sergei Lavrov will meet next week, indicating that a Russian invasion of Ukraine is not imminent. The Nikkei ended Friday down 0.41 percent to …
Read More »Market Drivers – US Session – 17 Feb.
Thursday’s asset trading closed largely negatively with a significant decline in risk appetite because tensions in Eastern Europe that have come back to the news headlines.Risk assets, first and foremost stocks and the euro, declined as yields of US Treasury bonds fell in favour of higher safe haven assets, most …
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