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UKRAINE CRISIS
Despite the alarming rhetoric around the Russian-Ukraine crisis, there are still opportunities in the market.
Nairametrics spoke to some Nigerians residing in Ukraine and they expressed uncertainty and fear of the conflict turning out into a full-blown war.
The President of the European Commission, Ursula von der Leyen, has said that new sanctions will be imposed on Russia over its attack on Ukraine.
The prices of wheat climbed to a nine-year high as investors worry about a potential supply disruption due to the Russia-Ukraine conflict.
Ukraine's government websites and banks have been subjected to several cyberattacks as Russia escalates tensions in the region.
Oil prices are down at the start of the London session today, as it became clear the first wave of U.S. and European sanctions on Russia.
Prices of oil for the two major benchmarks have rallied more than $2 on Tuesday as investors worry about supply disruption.
Due to escalating tensions between Russia and Ukraine, bitcoin lost more than $2K as it plunged to a more than two-week low.
US President, Joe Biden has said that Russia may carry out an attack on Ukraine in the coming days.
A significant drop in crypto prices was witnessed as Russia seemed once again to be on the verge of invading Ukraine.
All eyes are now on the weekly U.S. oil inventories data from the Energy Information Administration (EIA) due later today.
Gold’s appeal as a store of value and an inflation hedge has seen its price hold up, despite the diplomatic efforts to defuse the Russia-Ukraine situation.