Thursday, February 24, 2022

Global Stock Markets Dive As Russian Forces Launch An Invasion Of Ukraine. Gold And Oil Prices Surge

A man wearing a protective mask, amid the coronavirus disease (COVID-19) outbreak, walks past an electronic board displaying Japan's Nikkei index and various countries' stock market index prices outside a brokerage in Tokyo, Japan, February 22, 2022. REUTERS/Kim Kyung-Hoon  

Reuters: Stocks dive, oil surges as Russia attacks Ukraine 

SHANGHAI (Reuters) - Global stocks and U.S. bond yields dived on Thursday, while the dollar, gold and oil prices rocketed higher as Russian forces fired missiles at several Ukrainian cities and landed troops on its south coast. 

Shortly after President Vladimir Putin said he had authorised what he called a special military operation, explosions could be heard in the pre-dawn quiet of the Ukrainian capital of Kyiv and the Ukraine government accused Moscow of launching a full-scale invasion. 

The United States and its allies will impose "severe sanctions" on Russia after the attacks, U.S. President Joe Biden said.  

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WNU Editor: All trading has been suspended indefinitely on the Moscow exchange. A good summary on the current situation is below: 

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