Last Friday saw the West’s first reaction to the invasion. Both the US, the EU and the UK announced sanctions against Russia. These mainly target Russia’s largest banks, oligarchs and the export of technology goods to Russia.
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Military conflict Russia-Ukraine
Russia launched a military invasion of Ukraine on Thursday. The financial markets are reacting with price declines, a rise in the price of crude oil, a fall in the Russian ruble and price rises in credit-sensitive government bonds. We provide an assessment of the current market situation.
Gas and Oil Prices Continue to Soar
Energy prices are going through the roof at the moment. The causes are both political and economic. Shares in the energy and commodities sector offer potential for further price increases.