Market Update

Russian President Vladimir Putin said on Tuesday that he is not satisfied with assurances that Ukraine will not become a NATO member in the near future, wants the issue to be settled right now or soon through a negotiating process, reported the Washington Post. Markets have not reacted to the …

The gold price index plunges $20 during the North American session as Russia-Ukraine crisis eases and investors move from the non-yielding metals towards riskier assets. XAU/USD is trading at $1849.25.As portrayed by European and US equities rise, the market sentiment remains positive, as easter Europe tension abate some after German …

Republican Senator Pat Toomey said on Tuesday that the Senate Banking Committee should not proceed with a vote on Fed nominee Sarah Bloom Raskin unless she answers questions on the Reserve Trust.“We’ve asked basic questions and she’s refused to provide answers” he said. Toomey added that if Senate Banking Committee …

US equities are up sharply on Tuesday as investors breathe a sigh of relief amid apparently easing geopolitical tensions.News of Russian troop withdrawals from Ukraine’s border helped distract equities from ugly PPI and NY Fed survey data. The S&P 500 was up about 1.5%, the Nasdaq 100 up nearly 2.0% …

The NZD/USD pair extends to four days of losses in the North American session, courtesy of the financial markets’ risk-off environment since Friday. At the time of writing is trading at 0.6605.Risk appetite is back so far. Updates crossing the wires that some Russian troops are returning to the base …

The headline US Producer Price Index (PPI) rose at an annual pace of 9.7% in January, according to the latest report from the US Bureau of Labor Statistics on Tuesday. MoM, PPI came in at 1.0% in January, well above expectations for a 0.5% MoM gain. Core PPI metrics were …

The headline US Producer Price Index (PPI) rose at an annual pace of 9.7% in January, according to the latest report from the US Bureau of Labor Statistics on Tuesday. That was well above the median economist forecast for 9.1% and was unchanged December’s 9.7% reading. MoM, PPI came in …

The German ZEW headline numbers for November showed that the Economic Sentiment Index unexpectedly improved to 3 The German ZEW headline numbers for February showed that the Economic Sentiment Index jumped again, registering 54.3 from 51.7 previous while missing estimates of 55.0. Meanwhile, the Current Conditions sub-index slowed its pace …

The euro recovered on Tuesday, recouping almost all of its losses on Monday, buoyed by reports that some Russian forces in areas near Ukraine have begun to return to their bases. The single European currency rose 0.4 percent to $1.1346, with European shares recovering with the support of those reports. …

European shares rose on Tuesday after concerns about the crisis between Ukraine and Russia prompted investors to buy shares in sectors such as health care and consumer goods. The pan-European Stoxx 600 index rose 0.6 percent by 0814 GMT, after closing in the last session at its lowest level in …