In the past 24 hours, the situation in eastern Ukraine and surrounding areas developed rapidly, including Russia, the United States, the European Union and a series of statements, resulting in the global capital market is extremely volatile, the United States stocks opened lower on the day, briefly rose, but continued to decline after midday. By the end of the day, the Dow was down 1.42%, the S&P 500 was down 1.01%, and the Nasdaq was down 1.23%. On the day, retail brands and travel stocks were generally lower, with Home Depot down more than 8%, Boeing down nearly 5%. Technology stocks were also weaker, with Tesla down more than 4% and Netflix down more than 3%.
Russian stocks have lost more than $30 billion this week
On Tuesday, Russian stocks opened sharply, with the RTS down more than 9% and the MOEX down more than 7%, but the losses reversed to finish the day up around 1.5%. But more than $30 billion has been wiped off the Russian stock market this week.
On Tuesday, the United States, along with its Allies and partners, imposed sweeping sanctions on two of Russia's largest financial institutions, the State-owned Development Bank and The Russian Military Bank, making it impossible for Russia to borrow and raise money in the U.S. and European markets.
Europe's three main stock markets were mixed
Europe's three major stock markets fell sharply at the start of trading on Tuesday, but pared losses to end the day mixed, with London up 0.13%, Paris down slightly and Frankfurt down 0.26%.
Market concerns about Russian crude oil supply 22 international oil prices continue to rise
Oil prices continued to rise on Tuesday, with Brent crude futures hitting another seven-year high of $99.3 a barrel. Light crude for March delivery rose 1.41% to settle at $92.35 a barrel on the New York Mercantile Exchange. London Brent crude for April delivery rose 3.53% to settle at $96.84 a barrel.
Some experts said that the short-term upward space for oil prices, due to the geopolitical factors of the disturbance is not easy to grasp, theoretically any high may appear. The biggest uncertainties come from changes in Russian crude supplies and negotiations over the Iran nuclear deal.
European natural gas prices jumped Tuesday after Germany suspended the nord Stream 2 project approval process
Dutch TTF March gas futures rose 10.25% from the previous session to 80 euros per megawatt hour after German Chancellor Scholz announced the suspension of the Nord Stream 2 pipeline certification process on Tuesday. "Welcome to a new world where Europeans will soon be paying 2,000 euros per thousand cubic meters of gas," Dmitry Medvedev, deputy chairman of Russia's Federal Security Council, said Tuesday.
International gold prices hit an eight-month high Tuesday as the Ukraine crisis intensified risk aversion in the market
Gold futures for April delivery rose 0.40 percent to close at 1,907.4 dollars per ounce on the New York Mercantile Exchange gold futures market. The deteriorating situation in Russia and Ukraine, coupled with rising inflation, has intensified demand for safe-haven gold.
