The world is anxiously waiting for the Russia-Ukraine peace talks to materialize. The investor sentiments began climbing due to stable oil prices and rallying US equities. Japan's Nikkei 225 also made a gain of 0.59%. As all the sectors are working in full swing, the unemployment rate is coming down. South Korea’s KOSPI also made a gain of 0.31%. In Australia, the ASX 200 made a gain of 0.79%. It registered growth after retail sales rose by 1.8%. The Hong Kong’s Hang Seng Index managed to go up by 0.32%. China’s Shanghai Composite made a gain of 0.08% and also, the Shenzhen Component registered growth of 0.84%.
In the United States, the technology firms continue to be really strong. The S&P 500 also rallied for the third day. The US dollar made some gains. The investors are weighing the intensity of the invasion as well as their options. The commodity prices are affected due to the invasion. The pan-European Stoxx 600 registered modest growth of 0.3%, thanks to the auto shares that climbed by 1.2%. Almost all traders are watching the events in Ukraine. The market strategists monitor such situations very closely and accordingly they take the decision. Currently all eyes are on the Fed. The investors take decisions on the basis of economic reports, and they also analyze the Federal Reserve’s planned interest rate hikes. Although the American economy continues to remain strong. The war in Ukraine has disturbed the supply of key commodities.
The global shares are stable even though Russia-Ukraine continues to fight with each other. Of course, the war has disrupted key supply of commodities, and there are expectations about Federal Reserve tightening. The smart investors monitor geopolitical developments and make decisions accordingly.