Financial market balls are in motion as tensions rise/threat of all-out invasion

The various market balls are all in motion as the full Russian invasion is anticipated.

Major US equity indices are now trading lower across the board:

  • Dow Industrial Average -136 points or -0.39% to 33470
  • S&P -23.4 points or -0.54% to 4281.50
  • NASDAQ index -105 points or -0.79% to 13275.50
  • Russell 2000 is down -8.73 points or -0.44% at 1971.43

in Europe:

  • The German DAX is down -0.4%
  • France’s CAC is now unchanged
  • Britain’s FTSE 100 is up 0.1%
  • Spain’s Ibex is down -0.7%
  • The Italian FTSE MIB is down -0.2%

In merchandise

Merchandise

Raw materials are assets that are either naturally grown or present in the environment. Most often this includes precious metals such as gold, silver and palladium. Beyond metals, commodities can also focus on agricultural or industrial goods that are central to manufacturing or other sectors. This includes crude oil, copper, wheat, and others. Compared to other assets, commodities are an extremely complex form of investment, with many similarities and differences to existing commodities. Commodities can be traded on exchanges where investors work as a team to buy or trade commodities with the aim of generating profits from fluctuating market prices or because they need that particular commodity. trading is not just for institutional traders but also for ordinary retail traders. Almost all retail brokers offer a commodity offering, giving investors access to these assets. Investors, like companies or other investment institutions, can benefit from daily changes. in commodity prices. There are several methods investors can use to trade commodities. Commodities can be traded in futures contracts – these are contracts that direct the purchase or trade of a commodity at a certain price. Futures trading can be particularly risky and is generally reserved for more advanced traders given the complexity of these transactions. Furthermore, commodities can also be traded with options – this means that the commodity is bought or traded on a particular date and at a particular price. Commodities are also commonly traded with leverage, much like other assets, which can result in large profits or losses due to market volatility.

Raw materials are assets that are either naturally grown or present in the environment. Most often this includes precious metals such as gold, silver and palladium. Beyond metals, commodities can also focus on agricultural or industrial goods that are central to manufacturing or other sectors. This includes crude oil, copper, wheat, and others. Compared to other assets, commodities are an extremely complex form of investment, with many similarities and differences to existing commodities. Commodities can be traded on exchanges where investors work as a team to buy or trade commodities with the aim of generating profits from fluctuating market prices or because they need that particular commodity. trading is not just for institutional traders but also for ordinary retail traders. Almost all retail brokers offer a commodity offering, giving investors access to these assets. Investors, like companies or other investment institutions, can benefit from daily changes. in commodity prices. There are several methods investors can use to trade commodities. Commodities can be traded in futures contracts – these are contracts that direct the purchase or trade of a commodity at a certain price. Futures trading can be particularly risky and is generally reserved for more advanced traders given the complexity of these transactions. Furthermore, commodities can also be traded with options – this means that the commodity is bought or traded on a particular date and at a particular price. Commodities are also commonly traded with leverage, much like other assets, which can result in large profits or losses due to market volatility.
Read this term,

  • Square gold is now trading up $9.39 or 0.4% at $1,907.60
  • Spot Silver is up $0.38 or 1.6% at $24.46
  • Crude Oil is trading from $0.94 to $92.87. It traded as low as $90.67 earlier today

In forex,

  • EURUSD is now trading at a new session low of 1.13132. This eliminated the Asian session low of 1.1315. The 50% midpoint of the year’s trading range sits at 1.13075. Below this, traders will start targeting yesterday’s low at 1.12874 and last week’s low at 1.12791.
  • GBPUSD broke below its 200 hourly moving average at 1.35765 and is trading towards a new session low at 1.35504. the pair is testing the 50% midpoint of the 2022 trading range at 1.35526. A move below would have traders looking to yesterday’s low and February 16th lows near 1.3536.

The USD is also moving higher against the CAD, AUD and NZD, but still remains lower on the day against these currencies.

  • The USDCAD recently climbed back above its 200 and 100 hourly moving averages near 1.2724 and 1.2729 respectively. Earlier in the day, price cracked below these moving averages on its way to last Thursday and Friday lows near 1.2673. Today’s low hit 1.2682 before turning higher
  • The AUDUSD broke above its 100-day moving average earlier today at 0.7240. This was the first break above this moving average since January 14th. The high price extended to 0.7283 before reversing to the last hour low on the heightened tension. The price is now back below the 100-day moving average at 0.7240. traders will now look to the 100-day moving average up to the February 10 swing high at 0.7248 as resistance. Staying below keeps the short-term bias more to the downside after the missed break.
AUDUSD fails at breakout of 100-day moving average
  • NZDUSD rose sharply today on the back of a more hawkish rate decision from the RBNZ. They are raising rates by 25 basis points, but hinting that it was a close call with a 50 basis point hike. Price rose to test early January highs near 0.68087 and found sellers against that target level. The price has moved lower over the past few hours on the overall dollar buy. Traders will see 0.6752-0.6764 as potential support. A break below would start to weaken the short-term outlook and could see traders watch for the rise in the 100-hour moving average to 0.67229 ultimately.

NZDUSD

NZDUSD retraces to its intraday high

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