XtremeMarkets

XAU/USD is expected to fall below $1,900 as it loses its safe-haven appeal

XAU/USD is expected to fall below $1,900 as it loses its safe-haven appeal Gold prices are aiming for support below $1,900 as the market’s risk-off impulse returns. The precious metal has been trading in a range of $1,890.92-1,911.00 as investors await a new catalyst from the Russia-Ukraine conflict. However, Russia’s invasion of Ukraine appears to […]

The withdrawal of Western companies from Russia is expected to accelerate

The withdrawal of Western companies from Russia is expected to accelerate More Western corporations and investors are expected to leave Russia on Tuesday, following in the footsteps of energy firms BP and Shell, which abandoned multibillion-dollar positions following the invasion of Ukraine. Leading banks, airlines, automakers, and other companies have reduced shipments, terminated partnerships, and […]