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Market Analysis

February, 2022

  • 25 February 2022 4:31 pm

    Russia Begins Attack on Kyiv – CNBC

    CNBC reported that Russian forces began their assault on the Ukrainian capital, Kyiv, to seize it on the second day of declaring the invasion. Russian forces resumed their march towards the capital after the stop announced by Ukrainian President Zelensky this morning. Ukrainian Foreign Minister Dmytro Kuleba said horrific Russian …

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  • 25 February 2022 3:45 pm

    The Kremlin: Russia Will Impose Retaliatory Sanctions on The West

    The Kremlin said on Friday that Russia would impose retaliatory sanctions on Western countries on the basis of reciprocity. Kremlin spokesman Dmitry Peskov said the sanctions would cause problems for Russia but their impact could be contained and had reduced Moscow’s dependence on foreign imports. He declined to comment on …

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  • 25 February 2022 2:46 pm

    Media reports: Shooting Near The Government District in Kiev

    The Russian news agency quoted the Associated Press as saying that the sound of gunfire resounded near the government district in the Ukrainian capital, Kyiv. An adviser to the Ukrainian government said on Friday that he expected Russia to try to storm Kyiv during Friday. Ukrainian authorities urged residents of …

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  • 25 February 2022 2:12 pm

    European Stocks Are Rebounding After Falling

    European Stocks

    Europe’s main stock index rebounded on Friday after hitting its lowest level in nine months, affected by a rally in late Wall Street yesterday, as investors hunted for shares that fell in prices after heavy selling this week, amid concerns about the repercussions of the Russian invasion of Ukraine. By …

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  • 25 February 2022 12:45 pm

    UK and France Say Cutting Off Russia From SWIFT Remains on The Table

    According to France’s Finance Minister Bruno Le Maire, cutting off Russia from SWIFT remains on the table but as a last resort. Meanwhile, the UK Defence Minister Robert Wallace said, “we’d like to cut Russia off from SWIFT.” “It is difficult as “not every country wants them out,” Wallace added.

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  • 25 February 2022 12:08 pm

    The US Treasury Announces Unprecedented Sanctions Against Russia

    Today, the US Treasury Department imposed expanded economic measures, which target the basic infrastructure of the Russian financial system including all major Russian financial institutions. The measures announced by the US Treasury target nearly 80% of all banking assets in Russia, which will have a profound and long-term impact on …

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  • 25 February 2022 11:30 am

    Japan’s Nikkei Index Rises Supported by Technology

    Japanese stocks halted a five-session losing streak on Friday, boosted by technology heavyweights and after a massive rebound on Wall Street overnight. The Nikkei index rose 1.95 percent to close at 2,6476.50 points, but it fell 2.3 percent this week. The broader Topix index rose 1 percent to 1,876.24 points …

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  • 25 February 2022 10:59 am

    The European Commission Issues a Statement on The Proposed Sanctions Against Russia

    The European Commission issued a statement detailing the proposed sanctions against Russia, which are awaiting approval by European heads of state this evening. These sanctions include depriving Russia of 24 billion euros annually in oil revenues through a European ban on oil exports, financial sanctions targeting 70% of the Russian …

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  • 25 February 2022 10:30 am

    Precious Metals Give up Gains After Biden Announces Sanctions on Russia

    Precious metals gave up gains, gold fell below $1,900 an ounce and palladium fell more than 5% as stocks rebounded after US President Joe Biden unveiled tough new sanctions against Russia on Thursday. And the price of gold in spot transactions fell 0.6 percent to $ 1895.76 an ounce, after …

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  • 25 February 2022 3:51 am

    Market Drivers – US Session – 24 February

    Fears and panic dominate financial markets as Russia launched a military assault on Ukraine. Moscow attacked not only the Donbass region but got near Kyiv during US trading hours. Russia ignores global sanctions and seems determined to take full control of Ukraine, while sanctions tend to avoid Russian energy. A …

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  • 25 February 2022 3:22 am

    Russia’s next bombardment on Kyiv expected at 01:00 GMT

    Russian military forces are expected to begin a large-scale bombardment of the Ukrainian capital city of Kyiv from around 01:00 o’clock (GMT), per a CNN correspondent citing an intelligence report. Markets have not reacted yet to this headline but it certainly will not be positive for global risk appetite if …

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  • 25 February 2022 3:09 am

    WTI Back Around $93.00 Area As Sanctions Avoid Russian Energy

    Oil markets saw the most intra-day volatility since in nearly three months on Thursday, with front-month WTI futures surging over $8.0 to above $100 for the first time since 2014, only to then drop all the way back to $93.00. The initial surge in crude oil prices was triggered as …

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  • 25 February 2022 2:43 am

    Biden Aims To Cripple Russian Economy With Sanctions

    US President Biden outlined a new round of sanctions against Russia on Thursday in response to an invasion of Ukraine that threatens to embroil Europe in a major war.The latest sanctions targeted Russian banks, as well as some of the nation’s wealthiest individuals. Biden depicted the measures as a necessary …

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