Traders’ attention has been focused on Russia-Ukraine conflict, ceasefire talks, and the conflict’s global impact during last weeks. The Ukrainian crisis has already brought about a heavy economic fallout with sky-rocketing oil prices and stagflation settling. It continues now with Russian troops having blocked the Black Sea coast of Ukraine, cutting off the country from international maritime trade.
This week starts with another talks raising hopes for the conflict de-escalation which has already got European stock prices go higher along with lowering oil and gold prices. The eyes will be set on the Federal Reserve setting the interest rate hike, the U.S. producer price index’ release, and other policy-making decisions of the Great Britain BOE, Japan, Turkey, and Brazil central banks.
Let’s see how the world’s upbeat vibe affects assets on MARCH 14 (11:00 EET).
The assets look mixed at the beginning of the week with no neutral trends showing up. Here are the current tendencies raising both bullish and bearish opportunities.
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