European stock markets hit by Ukraine crisis; UK petrol prices at
[ad_1]
Tensions between Russia and the West are the main market driver today.
For months inflation, central banks and monetary policy have been the main topics for investors. The situation has suddenly changed in the last few days, as tension over Ukraine rose.
On the currency markets, the US Dollar remains strong, while both WTI (West Texas Intermediate), and Brent (the benchmark for the oil of the North European Sea) are traded above $94/barrel.
The 100-dollar mark does not seem too far and this, of course, could push inflation even further.
[ad_2]
Read More: European stock markets hit by Ukraine crisis; UK petrol prices at