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…
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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…
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Oil Brent oil prices are trading above 100 dollars a barrel for the second consecutive day, despite having retraced some of the gains recorded during the previous session and earlier on Friday, too. The Russian invasion of Ukraine is behind the latest escalation in prices, as the expected repercussions of the conflict over global oil…
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Oil Brent crude oil prices rose above $100 for the first time since 2014 during early Thursday trading, with the cost of the barrel climbing more than 5% as Russia started it’s invasion of Ukraine. Moscow’s intentions to launch a military attack on its neighbour had been called out over the last few weeks by…
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European Shares European shares climbed on Tuesday as most benchmarks register corrective bullish moves following Monday’s massive sell-off on equity markets. Ukraine-Russia tensions continue to simmer and dent market sentiment this week, especially after President Putin ordered military forces to what he recognized as “separatist areas”, leading the current conflict to another dimension. With geopolitical…
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Gold Gold is up during early Thursday trading, approaching the multi-month high reached earlier in the week. The precious metal’s strength arises from concerns over developments in Eastern Europe, where the impasse between Russia and the West continues to be a cause for concern. Such a climate is conducive to greater demand for gold, due…
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Gold Gold prices are recovering some of the losses recorded during the previous session, as Wednesday’s trading gets underway in Europe, but not yet coming close to the multi-month maximums reached on Tuesday morning. Moscow’s partial troop withdrawal from the border with Ukraine appears to have improved the mood in the financial markets, with some…
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Oil WTI crude oil prices eased down from the seven-year maximums reached during the previous session. Tension between Russia and the West over the potential invasion of Ukraine, has been one of the main factors behind the recent increases in the price of the barrel, with traders pricing-in the increasing likelihood of an armed conflict…
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The United States is the largest consumer of crude oil in the world. Spurred by strong demand in the US and global supply shortage, oil prices have reached a new high. On 26th October, Brent crude was selling at $86 a barrel, and US oil was up by 0.7% to $83.96. According to Goldman Sachs,…
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OIL Despite the world’s oil producers agreeing to a massive cut of 9.7 million barrels per day, the oil price was unable to hold onto its initial gains as investors are still expecting there to be a global oversupply for the next few months. After a positive gap when markets opened, WTI has fallen again…
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