Stock market sentiment started to stabilise overnight after Wa | kamal

Stock market sentiment started to stabilise overnight after Wall Street closed up from session lows. US futures are in the red though, led by a 0.8% drop in USA100, and as officials in Europe and US announce stiff Russia sanctions traders are also mulling what that means for Europe. Higher energy prices clearly are one thing and Brent is still holding above the $100 per barrel mark this morning. Russia's oil exports seem to have been spared for now, while allies blocking access of the Swift payment system is also a possibility should a further escalation of sanctions become necessary. USD settled lower below 97.00. USOil fell back to $89.60 lows after hitting 7-yr highs of $100.50 ahead of the open. Currently at $93.70. Gold tumbled from $1974 high down to $1885 area. BTC back above PP at $37,700.

Biggest FX Mover @ (07:30 GMT) USDCZK (+1.18%) spiked to 22.30 from 21.99 on EU open. MAs bullishly crossed, MACD signal line & histogram remain close to 0 line, RSI 64 & rising. H1 ATR 0.0622, Daily ATR 0.2683.