Western sanctions decimate Russian economy
Episode 4 min 15s

Western sanctions decimate Russian economy

Send us Fan Mail America and Europe hit Russia with suffocating economic sanctions. Russian central bank raises interest rates but cannot defend currency. Stocks retreat, US dollar and oil advance as traders reduce risk. Wall Street in sharp reversal as fears over Ukraine fallout ease a little. Global equities also perk up, dollar retreats slightly, but oil extends gains. Immediate focus back on inflation and Fed policy ahead of US data. Risk Warning: 75.59% of retail investor accounts lose ...

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