EU sees the opportunity to prepare another round of sanctions against Russia, with Putin's shadow fleet facing fresh EU sanctions blitz, while banks, military companies and firms selling stolen Ukrainian grain also face penalties, according to POLITICO
The EU's preparation for another sanctions round against Russia highlights escalating tensions in response to ongoing conflicts.
[MARKET ANALYSIS] DXY strengthens on higher oil prices, while yuan outperforms on firmer-than-expected trade and inflation data
[MARKET ANALYSIS] T-note futures retreated amid headwinds from rising oil prices
EU sees the opportunity to prepare another round of sanctions against Russia, with Putin's shadow fleet facing fresh EU sanctions blitz, while banks, military companies and firms selling stolen Ukrainian grain also face penalties, according to POLITICO
[MARKET ANALYSIS] Oil futures jumped after Trump rejected Iran's response to the peace plan
[CALENDAR ADDITION] US President Trump will participate in maternal healthcare event at 10:30EDT/16:30BST and will sign executive orders at 15:00EDT/20:00BST on Monday
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This development could impact currency flows, particularly the EUR and USD, as markets adjust to potential geopolitical risks and disruptions in commodities, notably energy and agricultural markets.
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