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
Schlagwort-Archiv: EUR
Stocks losses accelerate into the close
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
Gas prices at the US pumps rise to $4.33
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 create their own joint venture
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
No further details at the moment on Putin’s „positive“ remarks
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
„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
Risk jumps as Putin said to acknowledge positive undertones in Ukraine talks
It’s tough to reconcile the remark here, which is believed to be put out by Interfax.If anything, I fear the details may not live up to the hype. I mean there are a few things to be wary about. What exactly are these „certain positive shifts“? If so, what does that mean for the situation on the grou
Putin: There are certain positive shifts in talks with Ukraine
The euro has jumped on the headline here with EUR/USD up from 1.0980 to 1.1020 currently.
There isn’t much else besides the headline remark, taken via Reuters. But risk trades re ramping higher at the moment with gold down 1% to $1,976 as well.
ECB’s Kazimir: Rate hikes will not come immediately, there is time
The risk of inflation staying above target for longer is higherECB will do everything necessary to secure stability for economy, financial marketsThe headline remark adds to earlier comments from Villeroy and Rehn, offering some pushback or at least an attempt to gather more flexibility with regards
ECB’s Rehn: Rate hike could come some weeks or several months after APP ends
He makes mention to this part of the statement:“Any adjustments to the key ECB interest rates will take place some time after the end of the Governing Council’s net purchases under the APP and will be gradual.“In particular, he says that „some time after“ could mean some weeks or several months. As
Russia bans export of tech, auto, agricultural, electrical equipment until end of 2022
As announced by the Russian government. The export bans will cover tech, telecoms, medical, auto, agricultural, and electrical equipment and will run until the end of 2022. No mention of the big one at least i.e. oil and gas related.