Tensions between the U.S. and China are putting pressure on Asian Indices, and fears of a coming recession may be pushing the prices of key Commodities downward.
The euro has declined significantly against the United States dollar in recent days. According to analysts, fears of recession and the ripple effect of the conflict in Ukraine could be the proximate causes.
This morning, Russia’s grace period to service its foreign debt on two Eurobonds officially ended. With economic turmoil in the world’s largest country continuing, some may be asking themselves how this landmark default could ripple across the rest of the globe.
The Energy Information Administration analyses data on key energy sources on behalf of the U.S. government. With its weekly reports, traders may gain important information on the state of American Commodity markets.
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