Bitcoin prices extend losses below $40,000. Developments in the Russia-Ukraine conflict remains a dominant catalyst for risk-sentiment.
Gold prices have remained resilient against the US Dollar as fears surrounding a probable invasion of the Ukraine by Russian troops remained elevated.
Euro longs pick up despite Russia-Ukraine conflcit, GBP flips to net long
Important events are scheduled this week for the South African rand including unemployment data and national Budget Speech; while USD/ZAR moves higher on geopolitics.
The UK services sector accelerated the most since June 2021 and could receive a further boost as the Prime Minister announces plans to scrap covid restrictions
Presidents Biden and Putting are set to meet this week to discuss the situation in Eastern Europe, taking the heat out of risk assets for the time being.
The Australian Dollar trimmed strength this morning versus the US Dollar after a rosy jobs report. Falling iron ore prices may be dragging the Aussie Dollar as China amps up pressure on steelmakers.
Gold prices fell from the $1,900 mark as the US and Russian presidents agreed to join a summit to discuss the Ukraine crisis. Gold ETFs registered net inflows for two weeks in a row, underscoring r…
Palladium prices may get a boost from supply disruption worries as Russia-Ukraine tensions show little sign of de-escalation.
Wall Street stocks extended lower as fears about a potential Russian invasion of Ukraine deepened. Investors will be focusing on the US core PCE price index this week. US markets are shut on Monday.
Login with Google
Login with Facebook