Economic and fundamental developments 22-02-2022 US session

22 Feb 2022 05:37 PM
  • European stock markets got off to a negative start but are now mixed due to ongoing political upheaval in Europe. The Russian government has ordered troops into two breakaway regions in Eastern Ukraine, and as a reaction, the British government has announced sanctions against Russia. US stocks are lower.
  • WTI and Brent crude have jumped due to the rising political tensions in Eastern Europe.
  • Gold hit a new eight-month high as dealers are in risk-off mode.
  • The euro continues to see high volatility due to the Russia-Ukraine tensions, but the single currency is broadly higher today.


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