There’s no significant expiries on the board nearby the current spot prices, so there isn’t much to distract from the market mood today.There are some calmer undertones prevailing as there is a sense of push and pull still ongoing in the market right now. Russia-Ukraine tensions remain a key risk

Prior 97.1The headline reading drops to its lowest in a year as inflation fears are starting to weigh on sentiment, with a record percentage of establishments seen raising prices. More than 1/4 of businesses cited inflation as their largest problem – the highest since 1981 – with a record 68% saying

The euro is up by 0.2% on the day against the dollar, holding around 1.0870-80 levels currently. The high earlier hit 1.0920 after the news on the EU potentially stepping up spending on energy and defence amid the Russia-Ukraine crisis.
The details remain light on that front, so we’ll have to wait a

It probably could happen but surely on a scale where it wouldn’t concern authorities whatsoever, so this is a moot topic in my view. Besides that, I don’t see what’s the point in troubling themselves so much to try and monitor this when they can expend their efforts elsewhere – like making sure this

But of course with a caveat. That being Ukraine must amend its constitution, reject claims to enter any bloc i.e. NATO, and that it must recognise Crimea as Russia as well as Donetsk and Lugansk as independent states. Yup, this is pretty much the basis of talks between the two countries as well so d

In times like these, it’s just best to be prepared in case there will be headlines from 1200 GMT (earlier report here) onwards.But either way, as mentioned in the earlier post, I’m not expecting a major breakthrough as the siege on Ukrainian cities continue to play out.Update: A Reuters source is al

Well, the first two rounds of talks failed to yield any breakthrough and I don’t see why this would be any different. This is all largely for show as the situation on the ground remains unchanged.

EUR/USD is trading down 0.9% to 1.0830 currently and there doesn’t seem to be much reprieve in general for the single currency at the moment. Sure, the SNB may have stepped in with some verbal intervention and that has helped EUR/CHF to erase its earlier declines to turn flat at 1.0020 but it isn’t

The downgrade would be attributed to the spike in omicron infections as the latest wave seemed to have dealt a bigger-than-expected blow to consumption activity. The central bank is said to also perhaps warn of heightening economic risks linked to the Russia-Ukraine war, which has led to energy pric

US major indices close lower on the day and also lower for the week
Russia blocks Twitter now
US WTI crude oil futures settled at $115.68
WH Economic advisor: Essential that we maintain steady supply of global energy
Russia blocks Facebook
Bakers Hughes oil rig count -3 to