It’s been almost two weeks since Russia invaded Ukraine. Even if the first day weren’t affected by huge rises, recent days show a major lift across markets.
Source: TradingView.com
Nickel
There are some sensational rises beginning with Nickel price which increased by over 150% what can significantly affect many branches as Nickel is used, among others, in automotive and medical industries.
Gold
Gold raised by ‘only’ 4%, but it trades over magic $2000 level which nears ATH of Ca. $2100 (2020). XAU is believed to be a safe-haven as tensions rise and other assets’ fluctuations scare off investors.
Crude Oil – BRENT and WTI
Crude Oil prices have been rising since the first sights of invasion, but hitting Ca. $130 per barrel (to put it mildly) confused both investors and drivers around the world. Generally speaking, Crude Oil price has increased by Ca. 30% since the beginning of the war.
Bitcoin
BTC hasn’t fluctuated much and sticks to the levels near $40k, increasing by Ca. 5% since the invasion.
Russian Rouble
Currency of the invader has weakened significantly – by ca. 40% as RUBUSD chart shows. It will be really hard to get the Russian currency back to the game after such decrease.
MOEX
Some say Russian Index (RTSI – RU50) ‘surrendered’ shortly after the invasion has started as it remains closed since 1/03. At that time RTSI had been ca. 26% higher than on the first day of the warfare.
DAX (GER 40)
One of the greatest European index has lost almost 10%, what shows how broad is the influence of Russia-Ukraine War.
Wheat
Last but (definitely) not least… Wheat price increased by over 40% as conflicted countries – Russia and Ukraine are the major suppliers of such commodities.
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Data: TradingView.com
