Weekly

trample on

2022-03-08

On March 8

Today's range:

The third round of talks between Russia and Bird countries has ended without significant progress on a ceasefire agreement. Russian President Vladimir Putin has further challenged western powers, saying sanctions against Russia would amount to a declaration of war. France is mediating

President Macron said he did not expect a negotiated solution to the Crisis in Ukraine in the coming days or even weeks. In anticipation of an escalating war, safe-haven funds pushed gold beyond the $2,000 mark

Manage mark; Unless the war between Russia and Ukraine cools off, gold is expected to move closer to its all-time high, with each drop preparing for a breach. Today's recommended range is $1987 to $2014.

Russia's Defense Ministry has declared a ceasefire with Ukraine null and void as Russian troops continue to shell Ukrainian areas. The ongoing fighting has sent global stock markets into a slump, and international sanctions against Russia continue

In an escalation, the United States is working with Allies in Europe to study the possibility of a ban on Imports of Russian oil products. The risk of a Russian oil embargo sent international crude prices soaring and stock markets plunging further. Because of the bird

Fire relations, risk aversion continued to rise, the United States 10-year Treasury yields have fallen below 1.7% level, long-term interest rates close to short-term interest rates, bank stocks as the scapegoat, HSBC and Standard Chartered bank together fell more than 7%;

The Hong Kong stock market split lower, falling more than 1,000 points at one point, but the Hang Seng index was still down 847 points or 3.87 per cent at 21,057, its lowest since June 2016. Hong Kong stocks fell more than war-torn Europe

The market is also very, do not exclude will appear dead cat.

U.S. Secretary of State Antony Blinken said the U.S. is' actively discussing with Europe 'a possible ban on Imports of Russian crude oil and natural gas. The European Union has also said it wants to reduce its dependence on Russian gas by nearly 80 percent this year.

However, western countries, especially in continental Europe, will also suffer the side-effect of higher energy prices, and German Chancellor Gerhard Schorz said yesterday he was prepared to do more to offset higher energy costs.

European stocks fell again, with Germany's DAX down 2.01%, as investors worried that soaring energy prices would pose a risk of global stagflation. In Paris, the CAC index fell 1.31%; Britain's FTSE 100 index fell 0.44 percent.

After the third round of talks between Russia and Russia, the Ukrainian representative said that the two sides had made no significant progress on the ceasefire agreement during the whole negotiations, and Russian President Vladimir Putin was more defiant to western forces, saying that sanctions against Russia would be a threat to the West

Russia declares war.

French President Emmanuel Macron, who is mediating the talks, said he did not expect a negotiated solution to the Ukraine crisis in the coming days or weeks. The escalation of fighting in Russia and Ukraine, three major Wall Street indexes fell in the rush to Europe, dow

The Jones index fell 2.38%; The STANDARD & Poor's 500 index fell 2.93%; The Nasdaq actually fell 3.62%. Russia's Military will complete the demilitarisation of Ukraine, a Kremlin spokesman said yesterday. A hint of war between Russia and Ukraine

In the escalation, safe-haven funds fled the stock market and scurrying around, with the DOLLAR index rising above 99, 10-year Treasury yields falling, almost inverting two-year yields, and New York crude oil rising as high as over 127

Dollar a barrel, gold also performed well, had exceeded the psychological $2000 mark. Gold traded as low as $1961.1 and as high as $2002.7 before closing at $1997.6, up $26.7.

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