Jonny Hart looks back on the week’s business and markets news with OANDA Senior Market Analyst Ed Moya in New York. This week they discuss how financial markets reacted to the latest inflation report, President Biden’s executive order on cryptos, and recapped what happened with energy markets. They also discuss what the week ahead has in […]
Oil Crude prices tentatively turned negative after Russian President Putin saw “certain positive shifts” in talks with Ukraine. Oil will remain a volatile trade as the headlines regarding the war in Ukraine and Iran nuclear talks will keep traders on edge. Optimism for a Russia-Ukraine ceasefire is driving crude prices lower but that might not […]
The Biden administration announces ban on import of Russian energy commodities and prohibition on new investment in the Russian energy sector
New General License provides wind-down period until April 22, 2022 for certain energy imports from Russia pursuant to agreements entered into before March 8, 2022
EU and UK expand their sanctions programs against Russia and Belarus, including additional sanctions on oligarchs
FinCEN issued an alert to all financial institutions to be vigilant against efforts to evade the expansive sanctions and other restrictions imposed in connection with the invasion of Ukraine
The New Zealand dollar’s mini-rally has come to a halt, as NZD/USD has posted slight losses. In the North American session, NZD/USD is trading at 0.6845, down 0.21% on the day. NZ Manufacturing PMI expands New Zealand’s manufacturing sector posted strong numbers this week. Earlier today, Manufacturing PMI accelerated to 53.6 in February, up from […]
In this article, Robin Duke-Woolley, Analyst and CEO of Beecham Research, shares his latest insights from the Energy sector on the key issues facing the market and how IoT is addressing them. Energy generation and distribution includes electricity, smart grid and renewables, oil and gas exploration and production. 1. Key issues in the sector: There
Oil loses gains on Putin comments Oil prices are a little flat on Friday and have given back most of the gains from earlier in the session when they were more than 4% up on the day. The comments from Putin didn’t just give risk appetite a lift, it eased the pressure on commodity markets. […]
Will Canadian job data boost loonie? It’s been a busy week for the Canadian dollar. USD/CAD started the week with strong gains, but the Canadian dollar has clawed back and recovered most of those losses. The week will wrap up with the Canadian employment report for February. The markets are expecting a huge turnaround after […]
Personal finance author and investor Robert Kiyosaki is issuing a warning to crypto investors. In a series of tweets, the Rich Dad Poor Dad author shares his fears about the government seizing people’s digital assets. Kiyosaki predicts President Biden’s executive order will pave the way for the government to create its own digital asset at […]
SPACInsider contributors Anthony Sozzi and Sam Beattie this week compiled their three favorite potential SPAC targets among companies set to see increased demand among elevated energy prices. We look at why they are compelling and why each could be a fit for a blank-check merger....READ MORE
Cryptocurrency is being used both to fund Ukraine’s defense and prevent Russia’s ability to skirt sanctions in what may become a pivotal moment for the industry.
Global buyout giant Carlyle and Abu Dhabi state fund Mubadala-backed Spanish energy company Cepsa is putting a planned €3bn chemical business sale on hold while it examines the potential impact of the rocketing energy prices from the Ukraine conflict, Reuters reported quoting local media.
The Chief Executive of the Anaerobic Digestion and Biomethane Association (ADBA), Charlotte Morton, has sent an open letter to the UK Prime Minister, Boris Johnson, in which she calls for the phasing out of Russian natural gas imports as well as oil, and highlights how boosting the production of biomethane could not only provide an […]