Wakeup Call: European stocks hit

Markets jittery on possible Ukraine invasion (Image: Unsplash)

Tue, 15 Feb 2022

Euro fear German stocks fell 2% overnight as the drums of war beat louder near its borders. Investors shifted towards ‘safe haven’ assets such as German bunds as stocks across Europe fell about 1.8%. Oil prices rose as high as US$97/bbl on concerns a Russian invasion of Ukraine, which some predict as early as Thursday morning NZ Time, would disrupt Russian oil and gas exports and the financial arrangements around those trades. European natural gas prices surged 10%. The US has threatened sanctions on financial institutions deal...

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