Nickel Goes Wild, Oil Still Above $120, EU's Big Plans - What's Moving Markets

Opening Bell: Asia Shares Sink, Futures Recover, Europe Stocks Bounce; Gold Rises

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📚 Daily Digest  |  Tuesday, Mar 8, 2022     Nickel Goes Wild, Oil Still Above $120, EU's Big Plans - What's Moving Markets   © Reuters. Nickel prices go crazy as stress builds in the world's commodity markets. The European Union will publish new ideas on how to wean itself off Russian energy, a prospect that sent the ruble down another 4% to a new record low. U.S. stocks are seen posting a dead-cat bounce after Monday's carnage, while the Treasury will sell 3-year notes into a weakening market. Estee Lauder (NYSE:EL), Adidas (OTC:ADDYY) and Adobe (NASDAQ:ADBE) join the exodus from Russia. Oil stays well bid as Shell (LON:RDSa) self-sanctions but gas prices ease off after Germany plays down a Russian threat to stop current supplies. Apple (NASDAQ:AAPL) is expected to show new cut-price iPhone. Here's what you need to know in financial markets on Tuesday, 8th March. Read More     Today's Top News Stock Market Shell, Dick's Sporting Goods Rise Premarket; Apple Edges Lower Stocks in focus in premarket trade on Tuesday, March 8th. Please refresh for updates. Shell (NYSE:SHEL) rose 0.8% after the oil major apologized... Commodities Biden Set to Ban U.S. Import of Russian Oil as Soon as Today The Biden administration is poised to impose a ban on U.S. imports of Russian energy as soon as Tuesday without the participation of its European allies, according... Read More News » Today's Top Analysis     Mar 8, 2022 by Pinchas Cohen/Investing.com Opening Bell: Asia Shares Sink, Futures Recover, Europe Stocks Bounce; Gold Rises   by Pinchas Cohen/Investing.com   |   Mar 8, 2022   Mar 8, 2022 by Brenda O'Farrell/Investing.com British American Tobacco Ups Its Organigram Stake; Curaleaf Slips On Rumors   by Brenda O'Farrell/Investing.com  |   Mar 8, 2022   Mar 8, 2022 by Geoff Considine, Ph.D Citigroup: Little Upside Yet For Banking Giant From Early-Stage Business Overhaul   by Geoff Considine, Ph.D  |   Mar 8, 2022   Mar 8, 2022 by Pinchas Cohen/Investing.com Chart Of The Day: Amazon Technicals Bearish For Stock Despite Strong Fundamentals   by Pinchas Cohen/Investing.com  |   Mar 8, 2022   Mar 8, 2022 by Andy Hecht Oil-Related Stocks: Russia Exposure To Stoke Volatility Even If Crude Prices Rise   by Andy Hecht  |   Mar 8, 2022   Mar 8, 2022 by Barani Krishnan/Investing.com Copper: This 'Russia-Insulated' Commodity Might Actually Warn Of A Recession   by Barani Krishnan/Investing.com  |   Mar 8, 2022 Read More Analysis »

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