The ostensible reason is to adopt anti-crisis laws but a Russia analyst suggests it may approve martial law for the country: Adding further reasons: to ban all rallies and meetings to ban the work of public, international and foreign organizations that undermine the security of the country and more — The Federation Council is the
News
The US and other major economies have agreed on a coordinated release of oil stockpiles after Russia’s invasion of Ukraine pushed crude above $100 a barrel. The International Energy Agency, which represents key industrialized consumers, will deploy 60 million barrels from stockpiles around the world. Half of that amount will come from the U.S. Strategic
Market sentiment stabilized a bit on reports that Russia a suggests to hold another round of peace talks with Ukraine, while Vladimir Putin’s forces continue to shell multiple crowded Ukrainian cities. Stocks are recovery but remain vulnerable to more selloff. In the currency markets, Swiss Franc is paring some gains but remains the strongest one
I don’t think we’re anywhere around that ballpark yet but it is best to remember that as Putin gets pushed back against the wall, there is that sense of unpredictability in how he is going to fight back. Obviously, any nuclear threats or a war of epic proportions would be best avoided but we’ll see.
Russia’s oil and gas condensate output rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax report on Wednesday, while trading has been stalled due to sanctions over Ukraine. The production rose from 11 million bpd in January, while in tonnes, Russia’s total oil and gas condensate
Russia’s invasion of Ukraine remain the dominant theme in the markets, and Euro and Sterling stay pressured as a result. Swiss Franc is the biggest winner for now on safe haven flow, but Aussie and Yen are also supported. On the other hand, Dollar is dragged down by the steep fall in treasury yield overnight.
> Biden’s speech Tuesday evening – some excerpts crossing ukraine There doesn’t seem to be much in this lot to surprise anyone Headlines via Reuters: in reference to Russia’s Putin, to say when dictators do not pay a price for their aggression, they cause more chaos -speech excerpts Biden to say “Putin’s war was premeditated
MUMBAI – Palm oil has become the costliest among the four major edible oils for the first time as buyers rush to secure replacements for sunflower oil shipments from the top exporting Black Sea region that were disrupted by Russia’s invasion of Ukraine. Palm oil’s record premium over rival oils could squeeze price-sensitive Asian and
Euro’s broad based selloff continues today, even though it’s still holding in range against Dollar and Sterling. But overall, European majors are weak. The greenback is somewhat capped by falling benchmark treasury yield. Yen is firm on risk-off sentiment but it’s slightly out-performed by Aussie. In other markets, stocks are generally pressured in Europe while
USD/JPY is down from around 115.05 at the start of the session and the retreat comes as we see flows spill over into bonds and away from equities in European morning trade. 10-year Treasury yields are down 3.6 bps to 1.803% from roughly 1.86% earlier today. Meanwhile, S&P 500 futures are down 0.7% after having
Gold prices eased on Tuesday after strong performances in the past few sessions, as Russian and Ukrainian officials began ceasefire talks and Western countries ramped up sanctions against Moscow, dampening the demand for safe-haven assets. FUNDAMENTALS Spot gold was down 0.3% at $1,902.15 per ounce, as of 0149 GMT, after a more than 1% gain
Overall, the financial markets are steady in Asian session today. Russian invasion of Ukraine continues after the talks between two leaders yielded no breakthrough. Ukraine is holding on defending while isolation of Russia from the West intensified. In the currency markets, commodity currencies are attempting to break out from range. Aussie stays firm after non-eventful
The bad news today was the Russian Ukraine talks ended with little progress. The good news is that they seem to be heading for a 2nd round. Today (and over the weekend) US and NATO allies continued to tighten the screws via additional sanctions directed toward leaders, and businesses, financial institutions and Russia’s central bank
New Delhi: Gold prices rose by Rs 429 to Rs 50,577 per 10 grams in the national capital on Monday due to inflation worries after Western countries ramped up sanctions on Russia for invading Ukraine, according to HDFC Securities. The yellow metal had closed at Rs 50,148 per 10 grams in the previous trade. Silver
Markets are staying in risk aversion today with heavy selling in stocks. Expectations on the negotiation between Ukrainian President Volodymyr Zelenskyy and Russian President Vladimir Putin are low. Meanwhile, other markets are relatively steady. In forex, Swiss Franc, Yen and Dollar are still the stronger ones ,while Euro is the weakest. But still, most pairs
That might be indicative of some improvement in market sentiment but it again shows much of the resilience of the aussie and kiwi throughout the whole Russia-Ukraine ordeal since the beginning. There are still cautionary tones across other asset classes with equities down markedly and Treasury yields keeping lower, but they aren’t looking as dire
NEW DELHI: Gold prices spiked more than 1.5 per cent on Monday as the yellow metal was set for best monthly gain in the last three quarters amid rising global worries. Western countries slapped fresh sanctions on Russia for invading Ukraine and President Vladimir Putin put his country’s nuclear deterrent on high alert. Gold futures
Sentiment in the markets sinks again after Russian President Vladimir Putin put Russia’s nuclear deterrent on high alert on Sunday, in response to unprecedented sanctions by the West, including blocking Russian banks from SWIFT. Meanwhile, Ukraine is holding on to defending from Russian invasion, with increasing support from Europeans and others in the world. Asian