Markets In the past, the impact of (geo)political tensions on global markets often tended the be relatively short-lived. End last week, it looked that global markets again were inclined to embrace a similar scenario. Investors Read more…
The Russian ruble was clobbered at the market open, with futures falling nearly -35% overnight. Asian Indices: Australia’s ASX 200 index rose by 51.3 points (0.73%) and currently trades at 7,049.10 Japan’s Nikkei 225 index Read more…
Market movers today All eyes are on the Russian invasion of Ukraine and on the implementation and announcements of sanctions from both the West and Russia. Markets will be characterised by heightened volatility, large sensitivity Read more…
The week kicks off with soaring energy prices and a decent selling pressure on European and American index futures as the Russian invasion in Ukraine and the bigger sanctions imposed on Russia take a severe Read more…
Daily Pivots: (S1) 1.1201; (P) 1.1238; (R1) 1.1309; More… Intraday bias in EUR/USD remains neutral and further decline is expected with 1.1287 resistance intact. On the downside, sustained break of 1.1120 will confirm resumption of Read more…
Daily Pivots: (S1) 1.3372; (P) 1.3406; (R1) 1.3444; More… Intraday bias in GBP/USD remains neutral and further fall is expected as long as 1.3485 support turned resistance holds. On the downside, break of 1.3272 will Read more…
Daily Pivots: (S1) 0.9227; (P) 0.9256; (R1) 0.9282; More…. Intraday bias in USD/CHF remains neutral for the moment. Choppy rise from 0.8925 would still be in favor to extend higher as long as 0.9090 support Read more…
Daily Pivots: (S1) 115.21; (P) 115.48; (R1) 115.82; More… Intraday bias in USD/JPY remains neutral at this point. On the upside, firm break of 116.34 will resume larger up trend from 102.58 to 118.65 long Read more…
Daily Pivots: (S1) 0.7171; (P) 0.7204; (R1) 0.7267; More… Intraday bias in AUD/USD remains neutral for the moment. On the upside, decisive break of 0.7313 resistance will argue that correction from 0.8006 has completed at Read more…
Daily Pivots: (S1) 1.2658; (P) 1.2739; (R1) 1.2782; More… Intraday bias in USD/CAD remains neutral first and further rally is expected with 1.2680 support intact. Above 1.2876 will resume the rise from 1.2448 to 1.2963 Read more…