
War trades lose steam amid hopes for a ceasefire
Global Market Insights - Forex, Futures, Stocks
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Show Notes
Signs of progress in peace talks spread some cheer in markets. Safe havens and crude oil cool down, stocks and euro bounce back. Fed and Bank of England set to raise interest rates this week.
Equities rally on hopes of a ceasefire as Russian and Ukrainian foreign ministers meet. Oil recoups some losses after tumbling on possible supply increase by OPEC. Euro drifts lower ahead of crucial ECB meeting, firmer dollar eyes US CPI data.
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