
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
Russian-Ukrainian conflict is influencing every economic aspect. Due to sanctions, not only Russia is exposed to catastrophic financial crisis, but other countries, which are dependent on Russia’s commodities as well. Other countries don’t want to risk in this situation and are careful in their domestic policy.
Stocks and oil posted gains on Tuesday amid a lull in volatility caused by the war in Ukraine and sanctions imposed on Russia. Brent’s resistance is at 99.70 and the support on 96.80.
Russian markets remain under pressure after the US and its allies moved to block the Bank of Russia's access to foreign exchange reserves and disconnect some creditors from the SWIFT messaging system for global banking.
The conflict and moves to isolate commodity-rich Russia have hit markets. Disruptions in the supply of raw materials such as grain and energy threaten to fuel already high inflation and slow economic growth as the Federal Reserve is preparing to raise interest rates. Lenders around the world are already making it difficult to finance transactions involving Russian resources. The gas price has jumped on February 24, now it’s descending but any news can have big impact on gas.
Australia's central bank kept the cash rate at a record low and said it would remain calm as it assesses the risks of a Russian invasion and a subsequent surge in energy prices. AUD dipped immediately after announcement to 0.7247, but then returned to the previous level.
In cryptocurrencies, Bitcoin jumped above $43,000 on speculation that digital tokens could be increasingly used for payments due to sanctions against Russia. Now BTC is holding at approximately $43,300.
Have a good trading day!
Greetings to a brand new week full of events, economic releases and US debt frictions. We are here to tell you everything you need to know!
The United States has one week before default, and NVIDIA may become the next Tesla. What else drives the market?
When will the US go bankrupt? Will it start the market crash unseen before? We have plenty to share with you, so let’s get started.
Saudi Arabia agreed to cut oil production. What will happen with the oil price now?
The situation on the labor market still looks optimistic. Today we expect the Unemployment rate data. 3.5% is expected.
The first day of June should’ve brought us the US default. Unsurprisingly, the US House passes the debt ceiling bill at the latest possible moment.
FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.
Your request is accepted.
A manager will call you shortly.
Next callback request for this phone number
will be available in
If you have an urgent issue please contact us via
Live chat
Internal error. Please try again later
Don’t waste your time – keep track of how NFP affects the US dollar and profit!
Beginner Forex book will guide you through the world of trading.
We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.