In the wake of Concerns surrounding the Russian invasion of Ukraine, Equity and Bond market experienced a difficult month.
- S&P 500 and Nasdaq continued sliding lower by 3 and 3.4%, respectively. However, Energy surged again in Feb by 7.1%.
- Inflation in USA reached to a level of 7.5% and gold rose by 5% in the second month of 2022.
- Gold jumped 6% month-on-month to USD 1910/oz, highest monthly gain since May’21.
- Both Energy and Non-Energy commodities rose by 7.7% and 4.2%, respectively. Fertiliser prices fell by -1.9%, Agri commodities rose by 4.5% and metals and minerals by 4.7%.
Stay Tuned for the monthly and weekly updates of the global financial market!