Market Analysis

February, 2022

  • 24 February 2022 12:00 am

    US Shares Retreat To Fresh Lows Amid Potential War Woes

    Concerned About Russia-Ukraine WarUS shares were down for a fourth consecutive session on Wednesday fears about a full-scale Russian invasion of Ukraine continued to rise.The S&P 500 fell back under the 4300 level and hit fresh monthly lows under 4260, with bears eyeing a test of annual lows around 4222. …

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  • 23 February 2022 11:46 pm

    Will Fed Slow Rate Hikes Because Of Elections?

    The Federal Reserve will effectuate the first raise interest rates at its 16 March meeting in an attempt to put confront inflation. The big question now is whether policymakers will boost rates by a quarter of a percentage point or a half-point. But there are some Wall Street experts who …

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  • 23 February 2022 10:46 pm

    USD/CAD Maneuvering Amid Oil Prices Versus Equities

    The Canadian dollar was trying to strengthen against its US counterpart on Wednesday as global financial markets started off calm in Asia. However, risk sentiment flipped on its head with investors waiting to see Russian President Vladimir Putin’s next move after he sent troops into separatist regions of Ukraine.The news …

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  • 23 February 2022 9:54 pm

    AUD/USD Retreats Amid Invasion-Related Anxiety

    Benefitted from the Reserve Bank of New Zealand (RBNZ) 25 bps rate hike and its hawkish move forward guidance, the AUD/USD climbs to fresh monthly highs, around 0.7280. A sudden swing in the market mood due to elevated tensions in Ukraine decreased appetite for risk-sensitive currencies like the AUD. At …

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  • 23 February 2022 9:34 pm

    BoE Governor Asks Firms To Show Restraint When Raising Prices

    The governor of the Bank of England has called on firms and businesses to show restraint when raising their prices, after he came under heavy criticism for saying employees should not demand big pay rises to help manage inflation.Andrew Bailey said that he recognized his call for workers to show …

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  • 23 February 2022 9:22 pm

    Gold Hits $1910, Eying Weekly Highs Amid Geopolitical Woes

    Gold has been on the front foot in recent trading hours, pushing towards $1910 and eyeing weekly highs just above it. Following US warnings to Ukraine that a Russian invasion could come within 48 hours, market anxiety is elevated.The Gold Index (XAU/USD) has been rallying from earlier session lows in …

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  • 23 February 2022 9:12 pm

    BoE’s Tenreyro sees case for small increase in rates

    BoE

    Bank of England policymaker Silvana Tenreyro said on Wednesday that she saw a point for higher interest rates to tackle inflation near a 30-year high, but the extent of tightening needed was uncertain.Financial markets currently price in BoE interest rates reaching nearly 2% by the end of this year, but …

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  • 23 February 2022 9:05 pm

    ECB’s De Cos: Energy causes inflation spike to last longer

    European Central Bank governing council member and Bank of Spain head Pablo Hernandez De Cos said on Wednesday that the surge in Eurozone inflation is lasting longer than expected and is largely a result of energy. There are inflation risks to the upside and are most in the short-term, he …

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  • 23 February 2022 8:36 pm

    Eurozone’s supply chain issues could remain elevated until year end

    Data released on Wednesday showed Eurozone’s Inflation came in at 5.1% in January, on a yearly basis, according to Eurostat. Core figures rose by 2.3%, matching the 2.3% consensus forecasts. Analysts at Danske Bank revise their 2022 forecast for HICP (inflation) and core inflation to 4.7% and 2.4%, respectively, due …

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  • 23 February 2022 8:27 pm

    Gold Hovers Around $1900 Amid Improved Market Mood

    Gold is subdued on a choppy trading session, clinging to the $1,900 mark amongst an overall upbeat market mood, following a series of sanctions imposed by the US to Russia, which appeared to be measured, an excuse for investors to seek riskier assets. XAU/USD is trading at $1,907 at the …

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  • 23 February 2022 7:15 pm

    Washington Warns Ukraine Of Full-Scale Russian Attack Within 48 Hours

    According to US intelligence sources speaking to Newsweek, the US has informed Ukraine of a Russian plan to invade with 48 hours. An intelligence official said that the US had informed Ukrainian President Volodymyr Zelenskyy that the Russian plan would involve air strikes, cruise missiles, ground troops and cyberattacks.The US …

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  • 23 February 2022 6:28 pm

    Market Drivers – European Session 23-2-2022

    European shares jumped 1% on Wednesday, supported by a batch of strong earnings data, and as investors digested news of the first Western sanctions against Russia over its crisis with Ukraine. The pan-European STOXX 600 index rose 1.1 percent after fears of a full-blown Russian invasion of Ukraine pushed it …

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  • 23 February 2022 5:23 pm

    European Shares Rise, Supported by Strong Earnings

    European Stocks

    European shares jumped 1% on Wednesday, supported by a batch of strong earnings data, and as investors digested news of the first Western sanctions against Russia over its crisis with Ukraine. The pan-European STOXX 600 index rose 1.1 percent after fears of a full-blown Russian invasion of Ukraine pushed it …

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