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Barchart
Barchart
Rich Asplund

Brief Russian Insurrection Has Little Net Market Impact

United States Russia Wagner Group Prigozhin Vladimir Putin Natural Gas Gold

The brief insurrection in Russia by the Wagner Group over the weekend has had only a minor net impact on the markets today.  U.S. and European stocks are mildly higher.  Gold is just slightly higher, indicating no major flight-to-safety.

Benchmark ICE Dutch TTF natural gas futures prices today are just slightly higher after giving back an early +14% rally.  U.S. nat-gas prices are up +1% this morning, while crude oil is little changed.

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