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Market Update

Could Uncertainty Impact Tuesday’s RBA Policy Decision?

The Reserve Bank of Australia will have its monthly board meeting on Tuesday under thick uncertainty clouds on the backdrop of the escalating assaults and geopolitical tensions in eastern Europe.Economists expect Russia’s invasion of the Ukraine will have minimal impact on the Australian economy. There are expectations that while higher …

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Market Drivers – European Session 28-2-2022

Oil prices jumped on Monday as Western allies imposed more sanctions on Russia and cut off certain Russian banks from the global SWIFT system for interbank payments, potentially causing severe disruption to its oil exports. Brent crude rose $4.16, or 4.3 percent, to $102.09, after hitting a high of $105.07 …

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