Russia – Ukraine War
Russian attack on Ukraine extends into seventh day, with heavy fights reported near capital Kyiv and the second largest city Kharkiv, while Russian military claims it has taken control of the southern city of Kherson, as new round of talks…
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Oil prices surge nearly 10% on Tuesday as sanctions on Russia hurt global supply
WTI oil skyrocketed nearly 10% on Tuesday and holding comfortably above $100 per barrel, on growing fears about stronger disruption of global supply after the tough sanctions on Russia started to bite, as importers in Europe and Asia reject…
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Euro rebounds after opening with gap, but overall bias remains bearish
The Euro opened with gap-lower on Monday as geopolitical tensions escalated after Russia put its fast response forces, including nuclear, on highest alert over the weekend.
Although the pair bounced after dipping to 1.1125 after Monday’s…
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Russia – Ukraine War
Conflict in Ukraine extends into fifth day, claiming dozens of lives, hundreds thousand flee the country.
President Putin puts Russia’s strategic forces on high alert.
Western world imposes more sanctions against Russia and squeezes…
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US consumer spending rises above expectations in January
The US economic data released on Friday showed firm underlying strength in the economy that could sustain the expansion after the US central bank start raising interest rates, further brightened the outlook for the economic growth.
US…
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Russia-Ukraine War
Missiles pounded the Ukrainian capital Kyiv on Friday as Russian forces pressed their advance.
Russian troops seized former nuclear plan Chernobyl north of the capital.
US and Ukrainian officials say Russia aims to capture Kyiv and…
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Risk-sensitive sterling collapses on Russia’s invasion of Ukraine
Cable slumped to two-month low against the US dollar as war in Ukraine prompted traders to migrate into safety, pushing risk-sensitive pound sharply lower.
Thursday’s nearly 2% fall cracked important Fibo support at 1.3300 (76.4%…
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Euro in a free fall on strong risk aversion; key levels under pressure
The Euro fell sharply on Thursday, losing 1.5% and hitting the lowest in more than three weeks against the dollar, as global uncertainty over Russian invasion on Ukraine dampened risk sentiment and prompted investors into safer assets.…
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Russia-Ukraine war
The latest media reports say that Russian forces are just 20km away from the centre of the capital Kyiv
US and EU officials warn of more sanctions on Russia, with US President Biden threatening that severe sanctions will be imposed…
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Dollar rises across the board as investors flee to safety
The dollar index was significantly higher on Thursday as Russian launches a military attack against Ukraine and investors flee to safety.
The greenback’s fate is pinned to the biggest components of the index, which are in defensive, with…
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