Citing a source familiar with the matter, Reuters reported on Tuesday that the European Union planned to ban all coal imports from Russia. Additional comments “The European Union will prohibit the export to Russia of semiconductors, high-tech machinery, LNG extraction technology and other equipment.” “The EU export ban represents a value of 10,000 million euros […]
Tag: Politics
Dollar Selling Halts Ahead of Key US Inflation Data
This is what you need to know to trade today Thursday March 31: Despite the risk-averse market atmosphere, the dollar continued to weaken against its rivals on Wednesday and the US dollar index fell more than 0.5% before entering a consolidation phase early on Thursday. The US Bureau of Economic Analysis will release the Personal […]
We do not notice anything that looks like progress in the talks with Ukraine
“The fact that Ukraine has started to put its demands on paper, to be more specific, is a positive thing“, a Kremlin spokesman said on Wednesday, as reported by Reuters. The spokesman, however, added that they have not noticed anything that looks like progress in the negotiations. Additional comments “There is a lot of work […]
Dollar extends decline along with yields, focus on key EU and US data
This is what you need to know to trade today Wednesday March 30: the renewed optimism for a diplomatic solution to the conflict between Russia and Ukraine on Tuesday allowed risk-on money flows to dominate financial markets and caused the US dollar to lose interest. The dollar remains on the defensive at the start of […]
Market sentiment improves ahead of US consumer confidence data.
This is what you need to know to trade today tuesday march 29: Wall Street’s main indices ended up closing the first day of the week in positive territory, with the US dollar losing some interest. The DXY dollar index is consolidating its recent gains close to the 99.00 level at the start of the […]
Russia has not achieved its goals in Ukraine
Representatives of Ukraine and Russia meet daily. In the meantime, Russia has failed to achieve its goals in Ukraine, US National Security Adviser Jake Sullivan has said.although he warns that the war will not end “quickly or easily”. Sullivan said that Russia so far it has manifestly failed to achieve the three objectives that are […]
Russia could be in default for the first time since 1998
Payment for Russian government dollar bonds with coupons due Wednesday had not been accounted for at the close of business in London, according to two sources familiar with the situation. This could lead the sanctions-ridden country to default for the first time since 1998. Moscow was required to pay $117 million (£89.4 million) in interest […]
Ukraine says no progress on ceasefire
Following the meeting with his Russian counterpart, Dmytro Sergei Lavrov, on Thursday, the Ukrainian Foreign Minister Dmytro Kulebahas offered a press conference in which he has indicated that there is no progress in the ceasefire. Featured Statements “Meeting concluded with Russian and Turkish counterparts.” “The meeting was easy and difficult.” “It was easy because Lavrov […]
Relaxation of Venezuelan sanctions on the direct supply of oil to the US.
In an attempt to increase the supply of oil considering the US move to ban Russian imports, Reuters now reports that US officials have demanded that Venezuela supply at least a portion of oil exports to the United States. The request occurs as part of any agreement to ease oil trade sanctions on the OPEC […]
It is too early to assess the results of the talks with Ukraine
A Kremlin spokesman said on Tuesday that it was too early to assess the results of the latest talks with Ukraine and has noted that President Vladimir Putin was briefed on the matter, Reuters reports. Additional comments “We have to analyze and think about the perspective after the talks with Ukraine.” “Ukraine’s application to the […]
