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Ball of confusion as Biden and Putin fight war of words

Friday 18th February 2022View our disclaimer and terms of use: nab.co/3shJyypView our NAB Financial Services Guide: nab.co/3rvJtI9There are mixed signals in the markets today. Equities have taken a hit from continued uncertainty over Ukraine, but oil prices are down, perhaps because negotiators are close to agreeing a deal over Iranian oil. NAB’s David de Garis says many traders will also be assessing their positions ahead of a long weekend in the US. Yesterday’s FOMC meeting seems to have shortened the odds for a half percent rate hike from the Fed, although there’s been a lot of strong US…

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