Posted on 03/06/2022 5:55:22 PM PST by BusterDog
SINGAPORE — Shares in Asia-Pacific declined in Monday morning trade as oil prices surged, with the ongoing Russia-Ukraine war continuing to weigh on investor sentiment globally.
In Japan, the Nikkei 225 led losses regionally as it tumbled 3.39%, with shares of robot maker Fanuc plunging 7.4%, while the Topix index shed 3.19%.
The Hang Seng index in Hong Kong also saw heavy losses, dropping 3.29% in early trade as shares of HSBC plummeted 6.21%. Mainland China’s Shanghai composite shed 0.47% and the Shenzhen component slipped 1.108%.
(Excerpt) Read more at cnbc.com ...
Our futures down quite a bit. Not too bad.
Gold crossed $2000/oz.
Bad for main st = Good for wall st.
Just curious — is East Asia being rocked by what is happening in Ukraine? Or are they just anticipating what is going to happen in Taiwan?
so the price of oil will go so high that it makes it useless ?
Watch the US stock markets start off down, then end up flat or up for the day tomorrow. For no damn good reason other than people not part of the elite are being played.
Eurasia has always been at war with Eastasia......
$124 WTI. $128 Brent. Oil was around 80 early Feb.
That is up 50%+ in a month. And up 100%+ in a year.
Brandon Plan costs a lot
Here we GO!
Will investors buy the latest dip?
Just remember two years ago we had more oil than places to put it. Oil prices went negative.
The World is still floating on oil
“Oil prices went negative.”
No. Oil FUTURES went negative.
Buy electric cars hahahaha
So what is we have to burn fossil fuels to generate electricity?
I won’t be surprised if Germany bombs Pearl Harbor again...
Vendome, we print $6 gas this week here in the South Bay.
Vendome, we print $6 gas this week here in the South Bay.
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