Russian Invasion of Ukraine: UPDATES THROUGHOUT THE DAY
3:11 AM: Russia’s Central Bank has more than doubled the interest rate from 9.5% to 20% in response to all the sanctions imposed on Russia’s financial markets. The Russian Ruble…
British Pound Rose to Its Strongest Level Versus the Euro
Data showed the United Kingdom’s annual Consumer Price Index’s inflation rose 4.2% in October which caused the British Pound soared to its strongest position against the Euro since 2/2020. This…
Bank of England’s Decision Led to the Biggest Drop of UK Bonds in Years
The Bank of England’s decision to not increase interest rates caused the biggest drop in U.K. bond yields in years.