Oil Prices Slump 1% on US Supply Build, Bearish IEA Forecast
Crude oil futures declined almost 1% in the middle of the trading week as a bearish forecast and an unexpected supply build weighed on prices….
Posts Tagged: Vladimir Putin
Gold Holds Onto Modest Gains As Russian Political Turmoil Subsides
The rally in gold futures faded to kick off the trading week as the political turmoil in Russia has ostensibly subsided. The aborted mutiny that…
Crude Rallies on Weaker DXY; Investors Buy After a Case of Oil Overselling
Crude oil futures are rallying to finish the trading week, but they will still record a weekly loss. Energy commodities were hammered this week as…
USD/RUB Surges on US Sanctions, Growing Ukraine-Russia Tensions
The Russian ruble is extending its weakness against the US dollar and the euro in the middle of the trading week, driven by US-led sanctions…
What Safe-Haven? Bitcoin Falls to Three-Week Low after Putin’s War Cry
Bitcoin (BTC) dropped to its lowest level in three weeks as Vladimir Putin ordered Russian troops to invade Ukraine. The flagship cryptocurrency, which many consider…
USD/RUB Searches for Direction Amid Hot Inflation, Mixed Economic Data
The Russian ruble is struggling for direction in the middle of the trading week as a blend of red-hot inflation and better-than-expected economic data put…
USD/RUB Falls As Russia Distributes COVID-19 Vaccine in Moscow
The Russian ruble is strengthening against its US peer to kick off the trading week as Moscow begins to distribute its coronavirus vaccine in Moscow….