The situation in Russia and Ukraine has changed dramatically, Europe and the United States have sacrificed "financial nuclear bombs", increased military assistance to Ukraine, and the "major turn" of the German route has begun to provide deadly weapons...
The United States, the European Union, the United Kingdom and Canada announced sanctions against Russian President Vladimir Putin and Russian Foreign Minister Lavrov on Friday (February 25) local time. On Saturday, the United States and its allies jointly announced a ban on swift use by several major Russian banks and imposed "restrictive measures" on the Russian central bank. On Sunday the European Union announced the closure of airspace to all Russian aircraft to fund the delivery of weapons to Ukraine. Russian-Ukrainian talks will take place on Monday morning local time ...
After a weekend of fermentation, risk aversion has heated up again. Edward Moya, senior market analyst at Oanda, pointed out that the market will compare the new sanctions against Russia and its potential economic shock with the consequences of Iran's exclusion from SWIFT, and the market may see a major impact on global financial markets when the market opens this week.
Investors had previously been convinced that the United States and Europe would not take a hardline stance, and leaders were focused on maintaining the momentum of the economic recovery and not wanting a shock to the global financial system. Therefore, the decision to impose new sanctions on Russia is difficult for the market to accept and will also make investors uneasy, and the rebound seen last week is expected to be tested.
The non-US pair opened lower, with the pound falling 0.7% to 1.3307 against the dollar and the eurusdback down 1.22% at 1.1130. AudusD started trading down 0.72% to a low of 0.7162 and NZD fell 0.79% to a low of 0.6673.
Cryptocurrencies tumbled, with Ethereum falling more than 6 percent to below $2,600/coin; Bitcoin fell more than 4 percent to about $37,569.00/coin. The Ukrainian government on Sunday escalated its rhetoric against Russian cryptocurrency users, saying it was time to "wreak havoc against ordinary users."
The ruble continued to depreciate as the dollar rose to 106.9975 against the Russian ruble on the EBS platform, up 27% from Friday's close.
Spot gold opened sharply by $30 and briefly rushed to the $1930 mark. Spot silver rose as high as 24.76, or 1.53%. Subsequently, spot gold and silver continued to pull back, and spot gold and silver rose to narrow to less than 1%, at $1909/oz and $24.51/oz, respectively.
Oil prices opened sharply, and Brent crude oil rose quickly to 6% at $104.48 per barrel.
WTI crude oil rose below $100 a barrel again, rising more than 7% during the day. At least 10 Russian oil traders expect a massive export disruption starting Monday.
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28th 07:21 [Ukrainian government wants to carry out a comprehensive crackdown on Russian cryptocurrency users]
The Ukrainian government on Sunday escalated its rhetoric against Russian cryptocurrency users, saying it was time to "wreak havoc against ordinary users." Ukraine's deputy prime minister said he requested that "all major cryptocurrency exchanges have the addresses of Russian users." He earlier requested information related to the digital wallets of Russian and Belarusian politicians, saying the Ukrainian cryptocurrency circle was ready to give a "generous reward" to anyone who provided clues.
06:00 on the 28th [Russian Central Bank orders market participants to refuse bids from foreign customers to sell Russian securities]
According to Reuters, the documents show that the Russian central bank ordered market participants to refuse bids from foreign customers to sell Russian securities from 04:00 GMT time on February 28.
28th 04:27 [Russia has begun to organize the evacuation of its citizens from Europe]
On the 27th local time, the Russian Air Transport Agency said that it has begun to organize the evacuation of Russian citizens from European countries, and is currently collecting and counting data, and the specific time and itinerary will be determined according to the specific situation.
03:46 on the 28th [EU approves 450 million euros of military assistance to Ukraine]
European Commission vice-president and "foreign minister" Borrell said Poland had expressed its willingness to act as a logistical hub for the delivery of weapons to Ukraine.
03:37 on the 28th [European Commission President says he wants Ukraine to join the EU]
In an interview with Euronnews, European News Television said that "Ukraine is one of us and we want Ukraine to join the European Union". However, despite his explicit support for Ukraine's accession, von der Leyen did not comment on Ukrainian President Zelenskiy's previous request for "rapid accession."
02:37 on the 28th [Eu approved the ban on all transactions with the Central Bank of Russia.] 】
28th 02:05 [Norwegian sovereign wealth fund to divest its assets in Russia]
The Norwegian prime minister said the Norwegian sovereign wealth fund would divest its assets in Russia.
01:57 on the 28th [The Central Bank of Russia resumes buying gold in the domestic precious metals market in Russia]
The website of the Central Bank of Russia issued a notice on the 27th that the Russian Central Bank resumed the purchase of gold in the precious metals market in Russia from the 28th. The gold purchase price will be determined daily based on the London Bullion Market Association's morning price, the announcement said. The Russian central bank issued a statement on the 27th that Russia has the necessary resources to maintain financial stability and ensure the operation of business in the financial field. Previously, the Central Bank of Russia stopped buying gold in April 2020.
01:45 on the 28th [EU governments will discuss the release of oil reserves by the United States]
The European Union on Monday will discuss how to respond to the U.S. proposal to coordinate the release of emergency oil reserves to help counter the spike in oil prices following Russia's invasion of Ukraine. According to three people familiar with the matter, EU energy ministers will express their views on developments in the oil market at a special meeting in Brussels. EU member states are divided over whether the EU should be involved in the potential release of oil reserves, with EU law imposing strict conditions for any release, the people said.
01:24 on the 28th [The Russian Ministry of Defense first said in the announcement that there were Russian casualties in special military operations]
On the 27th local time, the Russian Ministry of Defense issued a notice saying that the Russian army had casualties in special military operations, but the losses of the Russian army were much less than the Ukrainian nationalists who were eliminated. This is the first time that the Russian Defense Ministry has said in the announcement that there are Russian casualties. The Russian Defense Ministry stressed that the Russian army will continue to treat all soldiers of the Ukrainian armed forces who have laid down their arms, and all those who have laid down their arms and stopped resisting will be sent back to reunite with their families.
Source: Golden Ten Data
Original title: The situation in Russia and Ukraine has changed dramatically! Spot gold opens and plunges at $30, with WTI crude up more than 7%