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RU military strikes being reported in the cities of Kharkiv, Odesa, Mariupol, and multiple other cities across Ukraine
Breaking: Russian military strikes are being reported in the cities of Kharkiv, Odesa, Mariupol, and multiple other cities across #Ukraine.
— Ahmer Khan (@ahmermkhan) February 24, 2022
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BRENT OIL HITS $100 A BARREL FOR THE FIRST TIME SINCE 2014#OOTT
— CN Wire (@Sino_Market) February 24, 2022
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Gold Climbs to Highest in More Than a Year on Ukraine Tensions
Gold advanced to the highest level in more than a year as tensions around Ukraine intensified, boosting demand for the haven asset. President Vladimir Putin decided to conduct a special operation to “protect” the Donbas region, TASS reported. TASS cited the Russian leader as saying the nation doesn’t plan to occupy Ukraine. Putin also said Russia won’t let its smaller neighbor secure nuclear arms, according to the news organization. Bullion is being buoyed by the growing crisis in Eastern Europe, with gold burnishing its credentials as a store of value in times of geopolitical upheaval. Spot gold rose as much ... (full story)
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NATO has officially told Reuters that an official invasion of Ukraine has begun
NATO has officially told Reuters that an official invasion of Ukraine has begun. So far, however, risk currencies in forex are holding their own battle lines, with AUD/JPY at daily trendline support: chart Reuters has reported that Russian President Vladimir Putin authorised a military operation in eastern Ukraine on Thursday in what could be the start of the war in Europe over Russia's demands for an end to NATO's eastward expansion. "The goal is to defend people who have been victims of abuse and genocide from the Kyiv regime. And we will strive to demilitarize and de-Nazify Ukraine. We will also hand over ... (full story)
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The FX market is shockingly calm, given the stakes: Explosions in Kiev reported
"The People's Republics of Donbas have asked for our help. ... I have decided to launch a special military operation. ... We will seek to demilitarize and de-nazify Ukraine," Putin said in his address to the nation. That says it all. My base case was that this was all about separatists in Donbas but US intelligence was right. This sounds like a full-scale invasion to 'demilitarize Ukraine'. Putin added this, "to anyone who would consider interfering from the outside: if you do, you will face consequences greater than any you have faced in history. All relevant decisions have been taken. I hope you hear me." What's ... (full story)
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