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Oil and gold jump on Ukraine news

Oil prices leap higher as Ukraine crisis worsens If you’ve read the note this far, you know what comes next. Oil prices surged higher overnight on thinned US holiday liquidity after President Putin crushed the summit olive branch and commenced “security operations” in his breakaway satellite provinces of the Ukraine.

22-02-2022 04:35 GMT by Jeffrey Halley

Asia equities slump on Ukraine developments

Putin moves in 'peacekeepers' into Eastern Ukraine The incipient rally seen yesterday has been snuffed out overnight after President Putin pushed back on US summit hopes and then recognised the two breakaway areas of the Ukraine and began “security” operations there. That dose of reality in dealing with the Russian President saw European stocks slump and with US markets closed, US index futures tumbled.

22-02-2022 04:02 GMT by Jeffrey Halley