Economy
Related: About this forumSTOCK MARKET WATCH -- Monday, 28 February 2022
STOCK MARKET WATCH, Monday, 28 February 2022
Previous SMW:
SMW for 25 February 2022
AT THE CLOSING BELL ON 25 February 2022
Dow Jones 34,058.75 +834.92 (2.51%)
S&P 500 4,384.65 +95.95 (2.24%)
Nasdaq 13,694.62 +221.04 (1.64%)
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Market Conditions During Trading Hours:
Google Finance
MarketWatch
Bloomberg
Stocktwits
(click on links for latest updates)
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Currencies:
Gold & Silver:
Petroleum:
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DU Economics Group Contributor Megathreads:
Progree's Economic Statistics (with links!)
mahatmakanejeeves' Rail Safety Megathread
mahatmakanejeeves' Oil Train Safety Megathread
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This thread contains opinions and observations. Individuals may post their experiences, inferences and opinions on this thread. However, it should not be construed as advice. It is unethical (and probably illegal) for financial recommendations to be given here.
Tansy_Gold
(18,056 posts). . . this is going to be an interesting week. I'm going to try to check in a little more often than usual, just in case. . . .
COL Mustard
(6,895 posts)Showing the ruble versus any western currency.
Tansy_Gold
(18,056 posts)Even though I'm not very good at that sort of thing.
COL Mustard
(6,895 posts)Like one of the ones Wile E. Coyote used to fall off on a regular basis.
Tansy_Gold
(18,056 posts)RUBUSD=X
+1.72%
RUB=X
-1.69%
USD=X
0.00%
Russia is braced for a collapse in the rouble after Western governments cut much of the country's financial system off from the global Swift payments network and pledged to freeze central bank assets in the most punishing sanctions to date.
On Sunday morning Russias central bank attempted to reassure the countrys financial system, saying it has the necessary resources and tools to maintain financial stability.
The sanctions include restricting the Russian central banks foreign-held reserves so that they cannot be used to prop up the countrys economy, and blocking several unnamed banks from using Swift, which lets banks communicate about international payments.
The former will make it harder for Russias central bank to prop up the rouble by liquidating assets to buy currency.
The Bank of Russia intervened in the currency markets last week, following Ukraines invasion, for the first time since 2014. Russia has $600bn (£450bn) in foreign exchange reserves and gold.
progree
(11,463 posts)Last edited Mon Feb 28, 2022, 07:51 AM - Edit history (3)
# Ruble to Dollar: https://www.xe.com/currencycharts/?from=RUB&to=USD&view=1W (s: rouble)
# Moscow Stock Exchange (MOEX): https://finance.yahoo.com/quote/IMOEX.ME
Sorry don't know how to make either one a live image thing.
Tansy_Gold
(18,056 posts)(Not sure I remember how to do this, but here goes nothin'.)
Per a post on Twitter, @Anonymous has taken down the Moscow Exchange. Someone however, was able to tweet this:
[img][/img]
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progree
(11,463 posts)that's 1141p EST on 2/27
https://www.xe.com/currencycharts/?from=RUB&to=USD&view=1D
progree
(11,463 posts)Last edited Mon Feb 28, 2022, 07:51 AM - Edit history (1)
https://www.democraticunderground.com/100216414102(no more info at all -- the headline is it)
# Ruble to Dollar: https://www.xe.com/currencycharts/?from=RUB&to=USD&view=1W
# Moscow Stock Exchange (MOEX): https://finance.yahoo.com/quote/IMOEX.ME