Tag Archives: Russian invasion of Ukraine

According to a US administration official, talks between Chinese President Xi Jinping and US President Joe Biden on Friday, which lasted for nearly two hours, were direct, substantive and detailed. Biden stressed to Xi that China providing material support to Russia would have consequences not just from the US but …

The US dollar index bounced back on Friday from recent declines following comments from Federal Reserve officials on interest rates that supported the currency, while the dollar was at a fresh six-year high against the yen and the euro eased.St. Louis Federal Reserve President James Bullard called for a dramatic …

According to Russia’s Chief Negotiator Vladimir Medinsky, Russia and Ukraine’s views are most aligned on the latter’s status as a “neutral” country and offer not to join NATO, reported Russia’s state-run Interfax news outlet.Russia and Ukraine are currently discussing nuances linked to security guarantees for Ukraine should it refuse to …

Gold is set to register its largest one-week loss since November. In case next week’s developments point to a further escalation of the conflict, gold should gather strength and start erasing this week’s losses. On the other hand, the precious metal could come under renewed selling pressure if markets remain …

3-month nickel contracts retraced 12% on Friday morning to new trading levels, as heavy selling continued in the international metals markets. The price reached 36,915 dollars per metric ton with the opening of trading on the London Metal Exchange. Nickel prices doubled within hours on March 8, surpassing $100,000 a …

European shares rose on Friday, extending the strong gains recorded this week, with investors focused on the Russian-Ukrainian peace talks that seem to have made no progress so far. The pan-European Stoxx 600 index rose 0.2 percent by 0814 GMT and was on track for its best weekly performance since …

Oil prices continued to rise on Friday at the end of a volatile third week with little progress in peace talks between Russia and Ukraine, raising fears of tighter sanctions and prolonged oil supply disruptions. Russian President Vladimir Putin, in a stern speech on Thursday, denounced “traitors and scum” at …

European shares rose on Thursday, tracking Wall Street gains overnight after a widely expected hike in US interest rates, while optimism about Russia-Ukraine peace talks boosted sentiment. The pan-European Stoxx 600 index rose 0.5% by 0900 GMT and is on track to recover all of its losses in March. Wall …

Oil prices rose about 3 percent on Thursday after the International Energy Agency said markets could lose 3 million barrels per day of crude and refined products from Russia starting in April. The agency stated that the lost supplies would be much larger than the expected drop in demand of …

On Thursday, March 17 at 12:00 GMT, the Bank of England will announce its decision and as markets get closer to the release time, the British central bank is widely expected to raise the benchmark interest rate by 25 bps from 0.50% to 0.75%, marking a lift-off for a third …