Russia attacks Ukraine! The Russian RTS 50 was losing over -40%

The scenario against which the American intelligence warned during the Wednesday session came true. The military forces of the Russian Federation entered Ukraine in the morning, thus starting the war. The reaction of the markets to the news of the conflict on the European continent was immediate - the stock indices have been sliding in the first hour of trading for several (as in the case of the WIG20) up to several dozen percent (Russian RTS). It is clearly more expensive Petroleum and gold. High volatility is also observed on the currency market, where in the morning the Polish zloty is the weakest currency in the region. 

The energy crisis is affecting the global economy

We invite you to a special webinar with a Raw Material Market Analyst XTB Michał Stajniak, in which he will talk about the situation on the most important financial instruments.

In today's webinar:

• Russia attacks Ukraine
• What's next for gold, palladium, nickel, and aluminum?
• Analysis of the current situation on the charts: EURUSD, OIL, DE30 and others

WATCH ON-LINE

In addition, due to the very dynamic situation in the world, additional ones will be made available raports Video on the impact of the coronavirus on the global economy, market analysis precious metals.

About the host

Michał Stajniak

Michał Stajniak - Raw Material Market Analyst in XTB. It places particular emphasis on the linkages between the behavior of commodity prices and the currencies of economies heavily dependent on exports of commodities such as oil, iron ore, gold and powdered milk. He is the author of frequent comments comparing commodity price indices with currency pairs such as AUDUSD, NZDUSD, USDCAD, USDNOK, or EURNOK. He represents XTB in the media (including TVN24 BIS, Polsat News, TVP Info, Bankier TV or Onet TV) and is the author of articles in the financial press such as Parkiet, Puls Biznesu and Dziennik Gazeta Prawna. He is a practitioner of the stock market and the derivative market. In his approach, he values ​​fundamental analysis above all, but often uses Fibonacci levels to determine the demand and supply zones needed in a Price Action strategy. A graduate of Quantitative Methods in Economics and Information Systems at the Warsaw School of Economics.

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