Tag Archives: Russian invasion of Ukraine

Gold is oscillating in a range of $1,915.78-1,949.86 from the last three trading sessions amid positive market sentiment. The digestion of worst-case scenarios amid Russia’s invasion of Ukraine by the market participants has kept the tone of the market favorable. The precious metal is trading lackluster and is looking for …

The dollar rose on Friday after a report showed strong US job growth in March. In addition, the unemployment rate fell to a two-year low, and wages rebounded, boosting speculation that the Federal Reserve would raise interest rates by 50 points at its meeting. Next. The widely watched US Labor …

The US economy gained 431000 jobs in March, on top of upward revisions and other upbeat data. There is nothing in the data suggesting that the Fed will refrain from a 50 bps rate hike. The US dollar is set to gain ground as traders take risks off the table …

Economic growth will likely slow but it is expected to remain stay positive. It is too early to talk about the risk of a recession in the US, where growth is likely to remain positive for the near future even as it slows down, according to the International Monetary Fund’s …

Commodities wrapped up their best quarter in over 32 years in the aftermath pf Russia’s invasion of Ukraine supercharged a rally in markets from oil to wheat and nickel.The commodities’ rally extends last year’s rebound, which was driven by higher consumer demand for goods and services when the economy reopened …

The USD/JPY recovers after dipping 350-pips in the week, rallying above the 122.00 mark on a buoyant market sentiment and the stronger US dollar, lifted by solid US macroeconomic data and prospects of the Federal Reserve hiking rates by 50-bps in the May meeting. The USD/JPY pair is trading at …

European stocks started the second quarter of the year on a cool note, as investors were gripped by worries about economic growth and inflation as Europe waited for a deadline to start paying for Russian gas in rubles. Russian President Vladimir Putin has threatened to cut gas supplies unless they …

The US Bureau of Labor Statistics (BLS) will release the March jobs report on Friday, April 1 at 12:30 GMT and as we get closer to the release time, here are the forecasts by the economists and researchers of 4 major banks regarding the upcoming employment data.  CIBC “Employers likely …

Moody’s said it has withdrawn all credit ratings of Russia and designated Russian quasi-sovereign entities. The agency said it decided to withdraw the ratings for commercial reasons of its own. Last week, Moody’s announced its intention to withdraw its credit ratings for entities, following similar moves by global rating agency …

European shares rose on Thursday, led by gains in automakers and defense sectors, while oil stocks tumbled, as a US plan to withdraw from strategic petroleum reserves sent crude prices down. The European index rose 0.2 percent, although oil stocks fell 1.5 percent. The FTSE 100 index in London rose …