War in Ukraine set to cause major economic crisis
As Russian military pressure intensifies on Ukrainian cities, economic sanctions are being stepped up to bend Vladimir Putin. News that the US, Europe and Japan are considering…
The situation has not changed much on financial markets that remain calm. Stocks are trading sideways, bond yields and the USD remain rather stable. The EUR/USD has stabilized around 1.2130. The House advanced on the stimulus package, but the Senate is focused on the trial of the former president. UK GDP was up 1% in Q4, thanks to a temporary rebound in December.
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