Asian markets closed today’s trading up across the board, with the exception of Hong Kong’s Hang Seng, which edged down 0.24% while Japan’s Nikkei rose 0.19%, China’s Shanghai Composite gained 0.32%, India’s Sensex advanced 0.70%, and South Korea’s KOSPI finished trading up 0.84%. Taiwan’s equity markets are closed today to …
Read More »Oil Prices Edge Higher Ahead of U.S.-Russia Summit Amid Mixed Market Signals
Oil prices rose modestly on Thursday as investors weigh geopolitical risks ahead of the U.S.-Russia …
Oil Prices Edge Higher Ahead of U.S.-Russia Summit Amid Mixed Market Signals
Oil prices rose modestly on Thursday as investors weigh geopolitical risks ahead of the U.S.-Russia …
A New Chapter for Bitcoin: Institutional Investment Rises
The financial world is undergoing a seismic shift, with digital assets like Bitcoin and Ethereum evo…
Trump Outlines Economic and Diplomatic Views on Rate Cut, Ukraine Talks
President Donald Trump recently shared his views on both domestic economic policy and international …
US Treasury Yields Plunge Amid Surging Bets on Fed Rate Cuts
US Treasury bond yields have been on a downward trajectory since Wall Street opened for trading, fue…
Gold Steadies Above $3,350 as Soft Dollar Counters Bullish Market Vibes
Gold prices are holding firm above the $3,350 mark, bolstered by a weakening US Dollar that is count…
Pound Surges Against Dollar as Fed Rate Cut Frenzy Ignores Sticky Inflation
The British pound is staging a robust comeback against the US dollar, climbing 0.56% to trade at 1.3…
Dollar Dips to Two-Week Low Amid Tame U.S. Inflation and Political Concerns
The U.S. dollar fell to a two-week low on Wednesday after softer-than-expected inflation data booste…
Ether Nears Record Highs as Corporate Buying Surges
Ether surged sharply on Wednesday, approaching record highs amid growing corporate accumulation, mir…
Gold Holds Steady on Mild U.S. Inflation; Markets Eye Fed and Trump-Putin Talks
Gold prices were largely unchanged in Asian trading on Wednesday, supported by softer U.S. inflation…
Market Analysis
February, 2022
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28 February 2022 7:05 pm
US Shares Await Further Gains Despite Geopolitical Concerns
Geopolitical tensions between Russia and the West, including the Ukrainian crisis, have greatly escalated during last week. Although the current crisis will likely mark the inauguration of a new security formula for Europe and the United States, economists at Citibank still have confidence in the financial markets. Economists believe that …
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28 February 2022 6:03 pm
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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28 February 2022 5:31 pm
Oil Prices Rise as Sanctions Escalate on Russia
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 at 0915 GMT, after hitting a …
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28 February 2022 4:33 pm
Toyota Suspends All Domestic Factory Operations Over Suspected Cyber Attack
Toyota Motor Co. said it will suspend all local factory operations on Tuesday, losing production of about 13,000 cars, after a company that supplies it with plastic parts and electronic components was subjected to a suspected cyber attack. No information was available yet on who was behind the attack or …
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28 February 2022 4:23 pm
The Ruble is Falling to Its Lowest Level Ever
The Russian ruble fell nearly 30 percent on Monday, the euro fell nearly 1 percent against the dollar, and demand for the Swiss franc, the Swiss franc and the Japanese yen increased as safe havens after Western countries imposed tough new sanctions on Russia after its invasion of Ukraine. Western …
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28 February 2022 2:20 pm
European Shares Fall 2% After Imposing Tough Sanctions on Russia
European shares fell on Monday as Western countries imposed tough new sanctions on Russia in the wake of its invasion of Ukraine while rising oil prices fueled fears of hyperinflation. By 0810 GMT, the pan-European Stoxx 600 index fell 2.1%, Germany’s DAX 2% and Britain’s Financial Times 0.9%. Crude oil …
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28 February 2022 1:33 pm
The Rise of Gold And Palladium on Sanctions Against Russia
The price of palladium jumped about 6 percent on Monday after concerns about supplies of the metal used in the auto industry increased as the West imposed new sanctions on Russia, and the price of gold rose by more than one percent after Russian President Vladimir Putin put the nuclear …
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28 February 2022 12:41 pm
Japanese stocks close higher on optimism about Russia-Ukraine negotiations
Japanese stocks reversed course to close higher on Monday as investors hoped talks between Russia and Ukraine would yield a positive outcome, easing concerns about the economic impact of tough Western sanctions on Russia. The Nikkei index rose 0.19 percent to close at 2,6526.82 points, after falling 0.8 percent earlier …
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28 February 2022 11:49 am
Russia Raises Key Interest Rate to 20% And Orders Companies to Sell Foreign Currency
The Russian Central Bank on Monday raised its key interest rate to 20 percent from 9.5 percent to counter the risks of a depreciating ruble and rising inflation. The central bank and finance ministry said Russia had also ordered companies to sell 80 percent of their foreign currency earnings. The …
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28 February 2022 11:01 am
Brent Crude Futures Rose More Than $7 to $105.07 a Barrel
Oil prices in Brent crude futures rose more than 7 dollars to 105.07 dollars a barrel with the opening of trading on Monday, and oil prices in US crude futures rose more than 7 dollars to 99.10 dollars a barrel. The British oil company BP said on Sunday, February 27, …
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28 February 2022 10:21 am
The Russian Ruble Falls to a Record Low
The Russian ruble fell by nearly 29% against the dollar on the morning of Monday, February 28, as markets assessed the impact of sanctions announced by the United States and European countries on Russia. America and its allies announced that Russia was deprived of the use of the global banking …
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27 February 2022 11:49 pm
Weekly Recap – 21-25 February
Unless Moscow rolls back Russian troops shortly, which still seems doubtful, risk-on appetite in markets is believed not to continue for longer.Speculations tend to support the view that Russia’s invasion of Ukraine will slow the planned pace of US Fed’s quantitative tightening which is awaited mid-March.Investors and consumers are monitoring …
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