Markets around the event · cumulative change, 10 sessions before to 20 after · shaded: normal range of Brent oil
Brent oilSwiss francUS dollar
US bans Russian oil imports
The United States bans imports of Russian oil, gas and coal. Riftrate read 99 the day before and 99 at its highest within 14 days.
Riftrate the day before99Crisis
Within 14 days99 ▼ −0.1Crisis
CategorySanctionsSanctions and trade wars
CountryRussia
What markets didfrom the last close before the event
| Market | Next session | After 5 sessions | After 20 sessions | How unusual |
|---|---|---|---|---|
| Brent oil | +3.2% | -14.4% | -16.2% | bigger than 94% of 5-day moves |
| US 10-year yield | +0.08 pt | +0.36 pt | +0.64 pt | bigger than 100% of 5-day moves |
| US dollar | +0.2% | -0.2% | -1.6% | bigger than 17% of 5-day moves |
| Swiss franc | -0.4% | -1.0% | +0.1% | bigger than 76% of 5-day moves |
| Japanese yen | -0.2% | -2.2% | -5.9% | bigger than 97% of 5-day moves |
Correlation or cause? A market that moves on the day of an event is not proof that the event moved it. “How unusual” compares the move with every 5-day move of the previous three years: above 95%, the move stands out from normal noise. Read it with the news of the day, and see how to tell correlation from causation. Not investment advice.
Riftrate · 60 days before and after
Source for the event: en.wikipedia.org. Market data: FRED, Federal Reserve Bank of St. Louis.
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