Market: wind of panic after the invasion of Ukraine


(CercleFinance.com) – European stock markets plunged (-3.1% in London, -4.6% in Frankfurt and Paris), the announcement of an invasion of Ukraine by the Russian army, with consequences still uncertain on the economic level, sowing a wave of panic among investors.

‘According to the media, Russian columns crossed the border and the first battles left at least seven Ukrainians dead. The international community, apart from China, is protesting against this attack and is preparing new sanctions,’ pointed out Kiplink this morning.

‘Oil crossed the $100 threshold for the first time since 2014 as the safe-haven dollar climbs. Similarly, the yield on the US 10-year rate fell 11.5 basis points,’ he pointed out.

On the statistics front, operators should take note this afternoon of a new estimate of US GDP growth for the last quarter of 2021, as well as new home sales in the United States for January.

On this side of the Atlantic, French household confidence fell slightly in February, according to the INSEE synthetic indicator, which fell by one point to 98 and therefore remained below its average. long period (100).

Among the many publications of results of the day, the operators sanction those of Rolls-Royce (-17%) and WPP (-7%) in London, Deutsche Telekom (-5% in Frankfurt) and Adecco (-4% in Zurich) , while they acclaim that of BAE Systems (+5% in London).

Copyright © 2022 CercleFinance.com. All rights reserved.

Did you like this article ? Share it with your friends with the buttons below.


Twitter


Facebook


LinkedIn


E-mail





Source link -85