Daily Alert – Wednesday 21st September 2022: Russia renews nuclear threat

Mark NugentDaily Alert, Sept 2022

Daily Alert – Wednesday 21st September 2022: Russia renews nuclear threat

Good morning.

Vladimir Putin has called up 300,000 reservists to aid the faltering war in Ukraine. He said “When the territorial integrity of our country is threatened, we will certainly use all the means at our disposal to protect Russia and our people. This is not a bluff.” 

He then announced referenda to annex further territory in Ukraine. 

Elsewhere, the German government has nationalised Uniper to prevent a collapse of the energy sector. 

After all this, equities were only slightly down, and the US 10-year yield rose. The USD rose and the EUR and GBP fell. I went short on GBPUSD.

The markets remain calm ahead of the Fed.

There is no video today, but there will be one tomorrow morning. 

VIP Club members can see today’s video, all brief trading videos, the Monthly and YTD Performance videos, the Trading Video Course and download the MTM Indicators software HERE