July 7, 2022

Russia Ukraine, coins and oil

SINGAPORE – US crude was up 5% and Asia-Pacific stocks traded lower on Monday as investors watched the Russia-Ukraine crisis and related sanctions.

To us West Texas Intermediate Raw Future Asian trade rose 5.63% to $ 96.75 per barrel.

International standard Brent crude It crossed the $ 100 level last week and touched $ 105 before gaining. Both oil deals fell more than 1% on Friday.

Spot goldTraditionally a safe haven during uncertainties, it last traded at $ 1,910.46, up 1.21%.

Of Japan Nikki 225 Futures fell 0.56%, while Topix fell 0.2%.

In South Korea, the Cosby 0.35% lower, but Costak was slightly higher.

The S&P / ASX200 0.21% in Australia.

Elsewhere, Taiwanese markets are closed for the holiday on Monday.

Stock Choices and Investing Trends from CNBC Pro:

World markets were volatile last week following Russia’s invasion of Ukraine. U.S. stocks rose before the close on Friday, but futures fell in Sunday night trading.

Russia continued its advance into Ukraine over the weekend, with reports of fighting in the streets and forces encircling Kiev.

On Sunday, President Vladimir Putin placed on high alert his country’s defense forces, which are said to include nuclear capabilities, in response to the international backlash over Russia’s invasion.

The United States and its allies have announced new sanctions and measures against Russia, such as the removal of selected Russian banks from the interbank news agency SWIFT.

Many countries have said they will Close their airspace to Russian planes.

On the diplomatic front, representatives of the Ukrainian and Russian governments have agreed to meet on the Ukraine-Belarus border “without any preconditions,” the Ukrainian Ministry of Defense said. Belarus, which shares borders with both Ukraine and Russia, has close ties with Moscow.

Coins

US dollar indexTracking the greenback against the basket of its peers, from 96.615 to 97.036.

The Japanese Yen The stock traded at 115.58, weakening slightly from 115.56 Australian dollar Changed from $ 0.7232 to $ 0.7181.