This according to the Japanese ministry of finance, as part of the latest sanctions against Russia over the war in Ukraine.

There’s been some back and forth trading in the dollar during the session but we’re now seeing the euro push higher upon a break of its 200-hour moving average (blue line) @ 1.1018 earlier. There are large option expiries that are hanging around 1.1000, so I would still be mindful of that but

It’s not entirely uncommon to see 4-5% swings in oil prices these days and today is no exception.Oil is dragged lower to start the new week with concerns creeping in after Shanghai is sent into a nine-day lockdown. Growing concerns about the global economy is also adding to that but again, the v

There are risks in both directions for the outlookVery large trade off between inflation and outputAppropriate to tighten policy in these circumstancesBut there are risks on both sides to inflationThe change in language on rates outlook reflected the level of uncertainty, risksIn case you were wonde

There isn’t anything significant on the board for today but considering the action in USD/JPY, it is interesting to take note of the lack of meaningful expiries around current spot levels.That perhaps is also helping to exacerbate the sizable moves as price hits the 125.00 level today. And there

Talks will be held in Turkey this week but unlikely to begin todayTalks may start tomorrowThere have been no substantial achievement, breakthroughs in the talksThere is no progress when it comes to the idea of a potential Putin-Zelensky meetingWell, that has been evident over the past few weeks and

Many investors worry
about the possibility that they would outlive their money during their senior
years. Indeed, it would help if you stayed invested
in stocks in your retirement years to maintain growth in some parts of your
portfolio even as you rely on those investments to live.

 

However, i

Not all calendars are listing this expected data release. 

Due at 0130 GMT on Sunday 27 March 2022
Which is 21.30 US ET (9.30pm) on Saturday 26 March 2022 

China Industrial Profits for February 2022

prior +4.20% y/y

Citi now sees the Fed hiking by 50 basis points in May, June, July and September
Germany’s Scholz: We will become independent from Russian gas faster than many think
Russia’s demand to be paid in rubles will be a key theme next week
US Baker Hughes oil rig count +7
BOC’s Kozicki

S&P 500 +21 points or +0.5% to 4540
DJIA +0.4%
Nasdaq -0.3%
Russell 2000 -0.1%

On the week:

S&P 500 +1.8%
DJIA +0.3%
Nasdaq +2.0%

The 4590 level will be a tough one.