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.

This is going to be one of the more interesting ECB meetings as policymakers will have a lot to think about when communicating to the market. Let’s take a look at the situation coming into today. The Russia-Ukraine war is obviously the big thing and that is going to bite at euro area economies. Add

Lavrov also adds that a meeting between Putin and Zelensky was discussed and that the former would not refuse such an encounter. However, any such contact would have to be substantive with specifics. I’m guessing that would mean Kyiv submitting to Moscow’s demands. Otherwise, I don’t see at any poin

Moscow wants a replyThe military operation in Ukraine is going according to planThe difference in the tone and choice of focus points after the meeting suggests that both sides are still far apart from really seeing eye to eye with regards to any peace or ceasefire. Lavrov also warns that the West i

We are ready for diplomacy but also ready to defend ourselvesReady to continue talks in this formatNot easy to listen to Lavrov during the meetingOn a possible ceasefire, Kuleba said that „there appear to be other decision makers involved“. No doubt. If that is the case, talks will continue to lead

Prior -0.7%Market index 502.5 vs 463.1 priorPurchase index 267.6 vs 246.3 priorRefinancing index 1,829.7 vs 1,685.7 prior30-year mortgage rate 4.09% vs 4.15% prior

In case you missed it, it relates to the news from yesterday here.There’s no other details being offered yet from the Russian camp so we can only wait and see. But at least there is a mention that it will be „soon“ though that in itself is rather subjective at times. Also, an important list to remem

I think that is pretty much the baseline expectation for markets as well. As much as there is hope of a high-level dialogue between the two countries, the demands and conditions by Moscow and Kyiv remain unchanged.And at this stage, it is highly unlikely that either side will cede ground or back dow

Russia will defend its interestsNeed to make a deep analysis of the situation (regarding US energy ban)Fighting words from Russia and they are seemingly ready to respond in due kind, as reported earlier here. We’ll see what the list will comprise of and whether or not that will add further volatilit

Risk trades are rallying in European morning trade as markets are somehow feeling less worried about the Russia-Ukraine situation. It’s just pure volatility in my view as the war isn’t over and headline risks are still paramount.But we are seeing gold be dragged lower after having tested the Aug