Russian Ruble Rate (USDRUB) Slumps, Russian Equities Hit Hard on SWIFT Expulsion
The Bank of Russia hiked interest rates to 20%, from 9.5%, in an effort to stem the Russian Ruble's heavy losses after the US and the West imposed a SWIFT…
Major FX Update: USD, EUR, JPY as SWIFT Limitations Take Effect
Major FX volatility set to continue as Russia’s economic restrictions incites warnings of a potential nuclear retaliation. FX remains highly reactionary to news flows
Stock Indices Summary: DAX, FTSE & SPX Prove Tricky Markets to Navigate
Geopolitics continue to dominate global stock markets as investor flock to safety but despite significant negative pressure, the SPX, DAX and FTSE have held up relatively well.
Gold Prices Eyeing $1916 as Ukraine War Escalates, ETF Inflow Accelerates
Gold prices extended higher towards $1916 as President Vladimir Putin put Russia’s nuclear deterrent on high alert after Western powers launched new economic sanctions against Moscow.
EUR/USD and DAX Tank on Russian Invasion as US Dollar Surges. Where To for the Euro?
The Euro is under pressure as the US Dollar lifts off amid a risk-off rout that has Germany's DAX index heading to new lows. Will EUR/USD do the same?
S&P 500 Outlook Clouded by Russian SWIFT Ban, APAC Stocks Steady
The S&P 500 index future tumbled on Monday after the Ukraine war escalated over the weekend. Western powers blocked Russia’s access to the SWIFT payment network, sending crude oil prices…
Australian Dollar Down on Russia Sanctions, Ignores Retail Sales Data. RBA Eyed Ahead.
The Australian Dollar fell as the West tightened sanctions on Russia, looking past solid local retail sales data. An RBA meeting now looms ahead. Will AUD/USD slide further?
Euro Sinks, US Dollar and Yen Surge as S&P Cuts Russia Rating to “Junk”
The Euro sank while the anti-risk US Dollar and Japanese Yen soared as S&P cut Russia’s credit rating to “junk” after the West strengthened sanctions.
Russia Set for Currency Crisis as EU, US Limit Access to SWIFT, Freeze CBR Assets
The Russian Ruble is about to experience the worst week in its history.
Markets Week Ahead: Dow Jones, Gold, Crude Oil, Euro, Ukraine, Powell Testifies, NFPs
The Dow Jones and S&P 500 recovered from deep losses despite escalating Ukraine tensions. The situation still remains volatile, especially for crude oil, gold and the Euro. Ahead, Fed Chair…