USOIL Rises As Markets Monitor Russia, Iran News
The Russia-Ukraine war remains in the spotlight, while investors are also on the lookout for any news around Iran nuclear negotiations
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The Russia-Ukraine war remains in the spotlight, while investors are also on the lookout for any news around Iran nuclear negotiations
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
As Friday closed for trading, imposed sanctions seemed underwhelming. This tone changed on Saturday as some Russian Banks were excluded from SWIFT, and the Russian central bank was sanctioned. Geopolitical risks intensify as Russia continues its invasion of Ukraine. Wednesday and Thursday, Fed Chair Jerome Powell testifies before the House Financial Services and Senate Banking Committees. The RBA will announce its cash rate on Tuesday with no change expected, and…
Gold, being a haven and considered a store of value, maintains a bid as geopolitical tensions escalate following further sanctions on Russia.
Germany announced an increase in military budget and the supply of weapons to Ukraine, as markets remain on edge over the Russia-Ukraine conflict
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
This escalation to military conflict has led to a risk-off sentiment in the financial markets.
Oil prices rally after the Russian President announced, a few hours ago, military operations in Ukraine
Read the daily market update as we head towards the European open, to get some of the latest developments, main market moves and upcoming events
The weekly charts below show the: * US02-Yr Treasury (top). * US10-Yr Treasury (middle). * 10/02 Yield curve (bottom). The spread between the 10/02 has declined to 0.371%. I.e., the yield curve has flattened remarkably since the middle of last year (red rectangle). The reason is the sharp increase in the US02-Yr (blue rectangle) vs. the shallower incline of the US10-Yr note (green rectangle). The steepness of the shorter maturity…
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