European stock markets edged higher Thursday at the end of a turbulent month, with investors carefully watching developments in the Ukraine-Russia conflict as well as volatile energy prices. By 3:40 AM ET (0740 GMT), the DAX in Germany traded 0.5% higher, the CAC 40 in France rose 0.3% and...
USD/JPY is trading down 0.02% at 121.756 The dollar was up on Thursday morning in Asia. The euro held at a one-month high against the dollar, after rallying on hopes that the war in Ukraine could be entering a new de-escalating phase. The Japanese yen was set for its...
European stock markets are expected to open cautiously Thursday, as the conflict in Ukraine continued and investors digest the potential economic ramifications of surging commodity prices. At 2 AM ET (0700 GMT), the DAX futures contract in Germany traded 0.3% higher, CAC 40 futures in France climbed 0.1%, while...
Russian platinum, palladium, rhodium, and other platinum group metals are produced in large quantities. The metals are byproducts of Siberian nickel production in the Norilsk area, and Russia also contributes significant amounts of nickel and aluminium, both of which are key base metals. Fertilizers, which are used in agricultural...
War may have a big economic impact. Inflation, shortages, and other economic issues can result from wars. Conflicts affect the financial system because they frequently result in inflation, which means that prices rise quickly. A battle might also result in a scarcity of resources and items, making it harder...
On Thursday, bitcoin fell to a one-month low after Russian forces launched missiles at numerous Ukrainian cities and landed soldiers on the country’s shore, spurring a sell-off of risky assets. Bitcoin dropped as much as 7.9% to $34,324, its lowest level since January 24, and was down 4.5 percent...