The euro is up, stocks are higher alongside bond yields, while gold and oil are pulled down. It’s the so-called „peace“ trade playing out as fears surrounding the Russia-Ukraine situation are being faded. As much as the situation on the ground remains unchanged, markets are starting to adapt and adj

The fourth round of discussions have begun and while there is hope for some positive outcome, I doubt it will change much of the situation on the ground at least.

One of the chief risks to 2022 continues to be wide-spread China lockdowns putting a renewed strain on global supply chains.
Cases in Hong Kong are totally out of control and outbreaks are growing in the mainland. China today reported 1524 locally transmitted cases, up from 1100 a day earli

Ryabkov was speaking with Russia’s Channel One broadcaster, comments reported by Russia’s state news agency TASS:

“We warned the United States that pumping Ukraine with weapons from a number of countries orchestrated by them is not just a dangerous move, but an action that turns the c

US major indices close lower. Indices down 4 of 5 days this week (with one big day higher)
Gas prices at the US pumps rise to $4.33
Russia and Belarus create their own joint venture
WTI crude oil futures settle at $109.33
Key events and releases next week highlighted by the FOM

The major indices are closing near session lows. The NASDAQ index was hit the hardest with a loss of over 2%.All 11 sectors of the S&P are lower. Consumers discretionary fell -2.0%. Communication fell 1.9%. Technology fell 1.8%Dow, S&P, and NASDAQ on track for weekly lossesMajor indices down 4 of th

The major indice losses are accelerating into the last 15 or 20 minutes of tradingDow industrial average is down 150 point -0.45% at 33027S&P is down 42 points or 0.99% at 4217.85NASDAQ index is down 233 points or 1.78% at 12897Russell 2000 is down 26.65 points or 1.33% at 1985.01The major indices a

I know it is a fraction of the price of a gallon of gas in other countries, but AAA is reporting that the price of a gallon of gas in the US reached $4.33 today. That compares to $3.48 a month ago or +24.4%.Versus a year ago, the price has moved from $2.82 to the $4.33 today. That is a rise of 53.5%

Russia and Belarus have great to their own joint venture as economic sanctions on Russia cripple the economy and Belarusians are pulled closer to the war.The agreement between Russian Pres. Putin and Belarus’s Lukashenko has Russia supplying modern military equipment to Belarus while Belarus will su

The full quote by Putin:
„There are certain positive shifts, negotiators on our side tell me.“
He also adds that talks are „practically on a daily basis“. That’s certainly interesting. He did not elaborate further but mentioned that he would go into more detail with Lukashenko. So, we can only wait