Weekly

Overnight shelling of Ukraine

2022-02-25

On February 25

Today's range:

Russia's overnight missile attacks on Ukraine have also turned the gold market upside down, with fears pushing prices higher. It rose as high as $1,974.5, its highest level since September 2010

In the absence of NATO or U.S. military intervention, gold ended down. With Mr Putin showing his true colours, the gold market is relatively stable now that the war is on, unless other countries are involved

It's going up a lot. Gold market back to fundamentals, inflation and interest rate outlook. Yesterday's recommended range of $1902 to $1916 remains today.

Russian President Vladimir Putin has formally declared war on Ukraine, striking in the early hours of the morning in Europe yesterday. Russian troops have fired guided missiles into several parts of Ukraine, including the capital Kiev, and Russian tanks have been seen rolling into Ukraine

Donbas region in the east. The Russian Defense Ministry later announced that it had successfully completed the first day of the mission, which focused on destroying Ukrainian airports, military bases and other important military facilities, and did not involve homes.

In a speech, the Russian President Vladimir Putin said the military action against Ukraine was based on moves in the country that threatened Russia's security and reiterated that the invasion of Ukraine was a forced action

Without it! A statement issued after a video meeting of the leaders of the Group of Seven leading industrial nations condemned Russia's military action in Ukraine and condemned Mr. Putin's refusal to pursue a diplomatic solution to European security concerns

Question, accusing Russia of a desperate move that seriously threatens the international order, far more than European security. US President Joe Biden announced increased sanctions, with the immediate freeze of all Russian assets in the US.

Ukraine has been bombarded with gunfire, and European and Asian stock markets have been blown up. The news spread, Hong Kong stocks at most down nearly 900 points, the final hang Seng index closed at 22901, insert 758 points or 3.2%. Europe, where the war is taking place, is not

Now it's worse. Europe's three biggest stock markets are down almost 4%. Germany's DAX index is down 3.96%. In Paris, the CAC index fell 3.83%; Britain's FTSE 100 index fell 3.88%. Us stocks open on concerns over Russia and Ukraine

The market fell more than 2 percent as U.S. President Joe Biden's announcement of tighter sanctions on Russia rather than sending more troops to Eastern Europe reassured markets, and losses began to narrow after U.S. unemployment benefits fell less than the market last week.

The number of people continuing to claim unemployment benefits fell to its lowest level in 52 years. The STANDARD & Poor's 500 index rose 1.51%; The Nasdaq was up 3.34%,

Best day of the year so far.

Russia has fired missiles into Ukraine overnight, and the relentless fighting has left the Ukrainian capital in a shambolic mood. The gold market has also changed dramatically, with a flood of gold from Russia and panic driving up prices

It hit a high of $1,974.5, but then rocketed to a low of $1,878.1. During the day, it swung between highs and lows of $96 before closing down $5 at $1,904.

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