Market Update

European shares fell in early trading on Tuesday to their lowest levels in seven months, as investors worried about the possibility of economic sanctions against Russia, which has ordered the deployment of troops in two breakaway regions in eastern Ukraine. The pan-European Stoxx 600 index fell 1.7 percent, down for …

Oil prices jumped more than $2 on Tuesday amid fears of supply disruptions as tensions escalated between Russia and Ukraine after Moscow ordered troops into two breakaway regions in eastern Ukraine. Moscow’s move drew international condemnation, and US officials said Washington, in coordination with allies, was planning to announce new …

Japan’s Nikkei closed lower on Tuesday for the fourth consecutive session as tensions escalated over Ukraine. The Nikkei fell 1.71 percent to 26,449.61 points, but it made up for part of a 2.5 percent loss. The broader Topix index fell 1.55 percent to 1881.08 points, to close down for the …

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 …

Amid the bombardment of last week’s regulatory news, from rumors of Joe Biden’s upcoming executive order on digital assets to another round of the Russian government’s crypto tug of war, as well as the perceived social effects of crypto has been the one around the Canadian government’s standoff with the …

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 …

Federal Reserve Governor Michelle Bowman said on Monday that she will assess incoming economic data over the next three weeks in deciding whether a half percentage point interest rate rise at the central bank’s next meeting in March is needed, a stance that underscores divisions among policymakers on how aggressively …

Risk aversion took over financial markets at the beginning of the week amid escalating geopolitical tensions in Eastern Europe. The US dollar managed to advance against its high-yielding rivals but lost ground against safe-haven ones. Mid US-afternoon, Russian President Vladimir Putin recognized Donetsk and Luhansk in Eastern Ukraine as independent …

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 …

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. …