Brent oil spiked to around $137/bbl. in early trade before settling back to around $128/bbl. on ongoing supply fears as the US threatens to ban Russian oil imports.
Gold prices made an 18-month high as the implications of a possible US ban on Russian oil imports ricocheted through commodities, to stocks, to bonds, to currencies.
The US Dollar is on the advance against ASEAN currencies, with the Singapore Dollar and Philippine Peso at risk. Will USD/THB and USD/IDR be able to find upside confirmation?
Crude oil prices roared higher at the weekly trading open as the deepening crisis in Ukraine fuels bets on still-harsher Western sanctions against Russia.
The Australian Dollar may move higher versus the US Dollar as surging commodity prices bolster the commodity-linked currency's outlook. China's trade balance data is due to cross the wires.
Russia’s attack on Ukraine continued to rattle markets, especially European ones. The Euro, DAX 40 and FTSE 100 tumbled faster than their North American counterparts. WTI crude oil prices soared…
The DAX 40 remains at risk to Russia’s attack on Ukraine, will the ECB soothe markets? This is as the Nasdaq 100 nervously awaits US CPI. Another hot inflation print…