Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Money

‘Business as usual’ at Sberbank despite European sanctions

Published

on

One of Russia’s state-owned banking and financial services companies, Sberbank, says it is business as usual

Sberbank says European sanctions are not affecting its operations.

The bank was already under sanctions from the SWIFT financial system. The U.S. has also imposed sanctions on the bank, which holds one-third of Russia’s total banking assets.

Back then, the bank also noted the penalties won’t have a significant impact on its operations.

It comes as EU leaders agree to cut 90 per cent of oil imports from Russia by the years-end.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

Money

Middle East tensions rattle markets as traders await U.S. jobs data

Geopolitical tensions impact global markets; Wall Street anticipates strong jobs report, affecting dollar strength and Fed rate outlook.

Published

on

Geopolitical tensions impact global markets; Wall Street anticipates strong jobs report, affecting dollar strength and Fed rate outlook.


Rising geopolitical tensions in the Middle East are sending ripples through global markets, as investors weigh the potential impact on currencies, commodities and inflation expectations. Risk sentiment has been shaken, while energy prices and safe haven assets remain firmly in focus.

At the same time, Wall Street is preparing for the latest U.S. non-farm payrolls report, with analysts forecasting around 55,000 jobs added. However, market chatter suggests the figure could come in stronger, raising questions about the resilience of the U.S. economy and the path for interest rates.

Steve Gopalan from SkandaFX, explains why the U.S. dollar has strengthened during the turmoil and what a surprise jobs result could mean for the Federal Reserve’s rate outlook.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Money

Dow tumbles over 1,000 points as oil surges past 80 amid Iran tensions

Stocks plummet over 1,000 points amid oil price surge and Iran tensions; market implications discussed by Kyle Rodda.

Published

on

Stocks plummet over 1,000 points amid oil price surge and Iran tensions


Stocks were rattled this week as the Dow dropped more than 1,000 points, driven by surging oil prices that surpassed 80 dollars a barrel. The spike comes amid escalating tensions in the Iran conflict, sparking concerns for investors worldwide.

Kyle Rodda from Capital.com breaks down the key factors behind the market plunge, which sectors were hit hardest, and how the previous day’s slight stabilisation of oil influenced trading.

The implications of rising oil and geopolitical uncertainty could have lasting effects on the global economy. Watch as Kyle explains what to watch next in the market and how investors are responding to these turbulent times.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#StockMarket #OilPrices #DowJones #FinancialNews #Investing #MarketUpdate #IranCrisis #Economy


Download the Ticker app

Continue Reading

Money

How Iran conflict is driving oil prices and global market volatility

Published

on

Energy prices soar amid Iran conflict, with investors reassessing risks and market dynamics.


The ongoing conflict in Iran has sent energy prices soaring and markets reeling. Investors are reassessing inflation expectations, central bank rate paths, and global growth prospects as risk aversion rises.

David Scutt from Stonex gives his insights on how surging oil prices and rising energy risk premia are influencing investor sentiment and market dynamics.

Markets may need weeks to fully digest the economic impact of the conflict, with volatility likely to persist as investors weigh geopolitical and financial risks.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker


Download the Ticker app

Continue Reading

Trending Now