The last two weeks saw an explosion of activity the like of which we had not seen for some time.

While the world was waiting for the outbreak of war, the stock markets tumbled and the US dollar fell back further.  But the big surprise was the price of oil price which, instead of breaching the $40.00 barrier actually fell to below the $30.00 a barrel mark.  The picture became even stranger when the invasion began last week.  No sooner had the tanks begun to roll than the stock markets rallied, the dollar made solid gains while oil prices fell as low as $26.00 a barrel.  Stocks and share values meanwhile appeared to pay no heed to the outbreak of war.

Share this story: