Mitrade_official

Investors worry over Russian nuclear weapons in Belarus

FX:GBPUSD   British Pound / U.S. Dollar
Russia has initiated plans to deploy tactical nuclear weapons in Belarus - a country sharing a long border with Ukraine. While the Russian invasion of Ukraine has been carried on for more than a year, the news still led to considerable fears on the market.

The negative sentiment strengthened the greenback, with USD/CAD adding 31 pips to 1.3744, though USD/JPY declined 22 pips to 130.69. Meanwhile, EUR/USD dropped 71 pips to 1.0759, and GBP/USD fell 56 pips to 1.2230. AUD/USD closed 38 pips lower at 0.6645, Mitrade expects Australia Retail Sales growth to slow to 0.4% on the month.

Spot gold prices climbed $15.35 to $1,978.61 an ounce, and WTI oil futures slid $0.70 to $69.26. Bitcoin and Ethereum slowed to $27,847.0 and $1,765.87 respectively.

The S&P 500 increased 22 points to 3,970, the Dow Jones Industrial Average rose 132 points to 32,237, and the Nasdaq 100 advanced 37.81 points to 12,767.

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