Daily market commentary: WTI crude oil prices continue to recede as hopes that talks between Russia and Ukraine may lead to a de-escalation LeapRate

March 15, 2022 BY Steffy Bogdanova

Daily market commentary: WTI crude oil prices continue to recede as hopes that talks between Russia and Ukraine may lead to a de-escalation

European Shares Shares drifted lower in Europe on Tuesday, extending losses registered during the Asian trading session, amid continuing market volatility. The sell-off in Chinese shares due to renewed lockdowns to combat a coronavirus outbreak as well as the prospect of economic sanctions from the West raised by the possibility of a military support to…

March 14, 2022 BY Steffy Bogdanova

Daily market commentary: Stocks trade higher in Europe, alongside US Futures as new round of diplomatic talks begin

European Shares Stocks traded higher in Europe on Monday, alongside US Futures, as investors bet on an improving geopolitical context at the beginning of a new round of diplomatic talks. Market volatility may not be over as war continues for now, with Russia still targeting military facilities across Ukraine. In addition, the prospect of a…

March 11, 2022 BY Steffy Bogdanova

Daily market commentary: The ongoing energy crisis is exacerbating inflationary pressures in the old continent

Gold Gold prices are hedging down during early Friday trading, but still look set to end the week in the green, as the sentiment in the markets remains under the influence of the war in Ukraine. The price of the precious metal retreated from the maximums reached earlier in the week, as the scope for…

March 10, 2022 BY Steffy Bogdanova

Daily market commentary: The price of WTI crude oil is hedging up following a 12% drop in the price of a barrel during the previous session

Gold Gold prices dropped below $2,000 per ounce during Wednesday’s session and continued the hedge down during early Thursday trading. Risk appetite improved in the financial markets, as oil prices retreated from multi-year highs, following calls for the stepping up of oil production in countries with spare capacity. Despite the continuation of the geopolitical risks…

March 09, 2022 BY Steffy Bogdanova

Daily market commentary: WTI crude oil prices remain above $120 per barrel, following the ban of Russian oil by the USA and UK

Gold Gold prices remain firmly supported above $2,000 dollars per ounce during early Wednesday trading, Demand for the precious metal increased as the geopolitical risk grew in Eastern Europe, with its price spiking on Tuesday and coming close to the all-time high reached in August 2020. The performance of gold will remain strongly linked to…

March 08, 2022 BY Steffy Bogdanova

Daily market commentary: The euro hedged up, remaining nevertheless close to the minimums of Monday

Gold Gold prices hit a fresh 18-month high during early Tuesday trading, reaching $2,020. The precious metal may soon test the all-time maximum of $2,075, reached in August 2020, as the flight to safety intensifies. The economic fallout from the war in Ukraine is worrying market operators, with the growing likelihood of Russian oil and…

March 07, 2022 BY Steffy Bogdanova

24 Exchange raises $7 million in latest funding round

Dmitri Galinov, CEO and Founder of 24 Exchange, said: This new round of investment will help 24 Exchange extend our institutional trading offerings within and beyond FX and cryptocurrency products. We welcome the backing of such proven investors as Mark Yusko's Morgan Creek Digital, Aspire Financial and Blackwells Capital as we work to bring new…

March 04, 2022 BY Steffy Bogdanova

Daily market commentary: The trading mood remains strongly “risk-off”

Gold Gold prices are rising during early Friday trading, as flows towards haven assets increases. Developments in Ukraine continue to influence the levels of risk appetite in the markets, with the latest being the Russian attacks around the Zaporizhzhia nuclear power plant, which raised the levels of anxiety amongst market operators. As the war continues…

March 03, 2022 BY Steffy Bogdanova

Daily market commentary: Brent crude oil reaches a fresh multi-year record

Gold Gold is trading flat at the opening of Thursday's European session, as investors play a balancing act by factoring in the heightened geostrategic risk posed by the ongoing war in Ukraine on one side and the measurement of the Fed’s approach to tighten monetary policy on the other. Russia’s belligerence continues to generate concern…

March 01, 2022 BY Steffy Bogdanova

Daily market commentary: Events in Ukraine, following the Russian invasion, continue to dominate the mindset of investors

European Shares Shares edged mostly higher in Europe on Tuesday, as investors’ focus gets back to macro data and earnings while waiting for more development from Eastern Europe. Benchmarks climbed in early trading, as traders welcomed positive Manufacturing PMI figures from China overnight, and await ECB President Christine Lagarde’s speech for more clues on monetary…

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