Tuesday News: Tension is Rising

Tuesday News: Tension is Rising

The consequences of Russian sanction have influenced all over the worlds. The commodities question has become crucial, especially for Europe, however as for the US, it doesn’t seem a problem.

Brent Futures crude reached $137 a barrel, the highest price since July 2008.

XBRUSDH1.png

Gold futures rose above $2,000 an ounce for the first time in 18 months. The resistance now is $2022.50 and the support is $1975.

XAUUSDH1.png

JPMorgan Chase & Co. said it would remove Russian bonds from all of its widely tracked indices, further isolating the country's assets from global investors.

The Biden administration is considering a possible ban on oil imports from Russia to the US, but "no decision has been made at this time," an administration official told Fox News.

The S&P 500 fell nearly 3%, its worst day since October 2020, while the high-tech Nasdaq 100 dropped 3.7% and the Nasdaq Composite closed in bear market territory.

US100H1.png

Here are some highlights from this week:

  • Apple new products event on Tuesday.
  • China aggregate financing, PPI, CPI, money Supply, CNY New Loans on Wednesday
  • Statement by Reserve Bank of Australia governor Philip Lowe on Wednesday and Friday

 

Similar

Will oil change the trend after OPEC meetings?
Will oil change the trend after OPEC meetings?

Representatives from 15 oil-rich nations attend OPEC meetings. They discuss a range of issues regarding energy markets and, most importantly, agree on how much oil they will produce.

Latest news

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

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

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera