The global signal market is doing well. DOW FUTURES is looking at a strength of 155 points. However, the US market closed weak yesterday.
The global signal market is doing well. DOW FUTURES is looking at a strength of 155 points. However, the US market closed weak yesterday. Here SGX NIFTY has risen almost half a percent. KOSPI is also in Asia but Japan’s Nikkei is closed today due to the emperor’s birthday.
Signals from overseas markets
The effects of the Russia-Ukraine crisis are being felt in markets around the world. The US market has closed with a fall. The Dow fell 1.4%. The S&P 500 is down 1% and the Nasdaq is down 1.2%. Since January 3, the S&P 500 has lost more than 10%. Brent is still intact at 97.
Meanwhile, the United States, Britain and Germany have taken tough action in the conflict between Ukraine and Russia. The United States and the United Kingdom have announced new sanctions on Russia and cut off economic aid. The United States has imposed sanctions on two Russian banks. US President Biden has banned VEB and Russia’s military bank. After that, Russia will no longer be able to trade with the West. “We do not want to go to war with Russia,” Biden said in a statement. Russia surrounds Ukraine. We are committed to the security of NATO allies.
The United Kingdom has also imposed sanctions on Russia. The United Kingdom has imposed six new sanctions on Russia. The United Kingdom has seized the assets of five banks, including Russia’s Russia Bank. The assets of General Bank, Black Sea Bank, Promsavaj Bank and IS Bank have been seized. The United Kingdom has also banned three Russian businessmen from traveling.
Here Germany has suspended the Nord Stream-2 gas pipeline project from Russia. Russia was to double its oil and gas supplies to Germany via the pipeline.
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Meanwhile, the Asian market is seeing mixed transactions today. SGX NIFTY is showing an increase of 93.00 points Japan’s Nikkei is closed today due to the emperor’s birthday. At the same time, the Straits Times is showing a 0.70 percent weakness. Taiwan’s stock traded up 0.35 percent at 18,031.84. Hang Seng rose 0.54 percent to 23,646.95. At the same time, Kospi is trading up 0.19 percent. The Shanghai Composite, on the other hand, rose 0.30 percent to 3,467.39.