Market Update

Russian President Vladimir Putin said on Tuesday that talks with Ukraine are in a dead-end, reported Reuters citing Russia’s state-run RIA. Ukraine has deviated from the agreements achieved at talks in Istanbul, he added. Putin’s remarks come after he earlier stated that Russia’s special military operation in Ukraine is going …

The annual rate of US inflation, as per the Consumer Price Index (CPI), came in at 8.5% in March, slightly the median economist forecast for a reading of 8.4% and higher versus February’s YoY rate of 7.9%. The MoM rate of inflation according to the CPI came in at 1.2% …

The US Bureau of Labor Statistics will release the March Consumer Price Index (CPI) data on Tuesday, April 8 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 7 major banks regarding the upcoming US inflation print. …

Annual inflation in Germany, as measured by the Harmonised Index of Consumer Prices (HICP), rose to 7.6% in March, Destatis reported on Tuesday. This print matched the market expectation and the flash estimate. The Consumer Price Index (CPI) arrived at 7.3% and 2.5% on a yearly and monthly basis, respectively.

The findings of the German ZEW survey showed on Tuesday that the Economic Sentiment Index declined modestly to -41 in April from -39.3 in March. This reading came in much better than the market expectation of -48. Underlying details of the publication revealed that the Current Situation Index dropped to …

Japanese stocks closed lower on Tuesday, approaching four-week lows, and high-tech stocks led the declines, following in the footsteps of their US peers. The Japanese Nikkei index closed down 1.81 percent to record 2,6334.98 points, its lowest level since March 16. The broader Topix index fell 1.38% to 1,863.63 points. …

Oil prices rose on Tuesday as concerns about demand in China eased after Shanghai eased some restrictions related to the spread of the Covid-19 disease, while OPEC warned that it would be impossible to increase production enough to offset the loss of supplies from Russia. Brent crude futures rose $2.98, …

The market sentiment was sour at the beginning of the week, with the US dollar initially falling but later recovering against its major rivals. Demand for safety pushed USD/CHF lower, to the 0.9300 region, and gold higher, as the precious metal trades around $1,950 per ounce.Economic DataBritish stocks ended lower …

The price of stumbled on Monday as investors assessed the risks from rising rates and the potential for more tightening by the Federal Reserve.Bitcoin last fell 7% to $40,009.78, according to Coin Metrics. Earlier in the day it fell to $39,785.68, falling below the key $40,000 support level for the …

The Ukrainian president Volodymyr Zelenskyy has crossed the wires recently and said that the Russian forces could use chemical weapons and that they take that threat seriously. He does not say chemical weapons have already been used. Meanwhile, there are reports that people are suffering from respiratory failure and neurological …