Russia Sanctions Continue   According to Bloomberg, the European Union is planning to proceed with a ban on Russia-sold luxury goods valued at over €300. Also, the EU will prohibit purchasing a wide range of the country’s steel and iron…

Exchange Rate for GBP/USD Pair Dips   Today’s Pound US Dollar (GBP/USD exchange rate) is in decline as global political worries feed a risk-off mood. The GBP/USD exchange rate has been trading at around $1.3155; this is 0.5% lower than…

Putin Fights Sanctions with Sanctions   Moscow plans to retaliate against the Western-imposed sanctions that are designed to target the Russian aviation industry. This comes after Russia’s Ukraine invasion. This move will surely only make things even more challenging for…

Spotlight on the Yen   Inflation indicators from Japan will be receiving much attention this week, as they are currently experiencing an increase in inflation. However, the speed of this increase has been slower than in the US. The Bank…