In the shadow of the Russia-Ukraine war, the global is starting the new week cautiously. Asian stocks are flat and US futures are down as oil prices continue to rise.
The S&P 500 index rose 6.2 percent in the whole last week, while the Nasdaq 100 index rose 8.4 percent in the same period.
Losses are effective in futures trading this morning.
Limited losses are seen in Hong Kong Hang Seng and China CSI 300. Markets in Japan are closed. The barrel price of US type crude oil exceeded 107 dollars.
Australia's decision to ban aluminum exports to Russia has increased the price of the commodity. The Dollar Index posted its first weekly loss in a month last week, and is up 0.1 percent this morning.
Is the agreement between Russia and Ukraine close?
Ukrainian State Minister Volodymyr Zelensky reiterated his readiness for negotiations with Russian President Vladimir Putin.
In his statement, Foreign Minister Mevlüt Çavuşoğlu said, “In all our contacts, we see that the parties are close to an agreement on fundamental issues. Of course, it is not an easy thing to come to terms with the war going on and the civilians dying. Still, I would like to say that there is a momentum.”
In an interview with the Hürriyet newspaper, Çavuşoğlu said, “There is a convergence in the positions of both sides on important and critical issues. In particular, we see that they almost agree on the first four items. "Some issues need to be decided at the level of leaders," he said. A Ukrainian official stated that the talks between the parties could continue today.
Comments
No comment yet.