When will the war between Russia and Ukraine end? Xie Jinhe: European stocks soared and energy fell back "seems to herald new opportunities in the future"

Russian President Vladimir Putin. Figure: Recap of Putin’s Twitter (file photo)

[Newtalk新聞] Russia’s invasion of Ukraine has entered its 11th month, and the battle continues to be stalemate. Not only is the life in Ukraine devastated, but the ensuing refugee, food and energy crises affect the whole world. Whether this largest military conflict since World War II can come to an end this year has attracted the attention of the international community. Regarding when the Russia-Ukraine war will end, Xie Jinhe, chairman of Caixin Media, said that European stock markets have risen sharply recently, oil prices have fallen by 40% from high levels, and natural gas has fallen by 60% “seems to foretell new opportunities in the future.”

Xie Jinhe mentioned in a Facebook Po post titled “Financial Market Reveals the Future of the Russo-Ukrainian War”, that in winter, when the demand for gas is strong, the price of natural gas has been falling continuously in recent months, from the highest per A cubic meter of US$9.77 fell to a minimum of US$3.52, a sharp drop of 64%. After the war between Russia and Ukraine, the Russian central bank required all countries to buy oil and gas in rubles, which caused the ruble to rise to 50.565 to one US dollar. However, the ruble has depreciated recently To 79.25, these are two unusual swings.

Xie Jinhe said that after Russia invaded Ukraine, the European economy was the first to bear the brunt. In particular, German natural gas was shut down on Beixi No. 1 and No. 2, but the German stock market performed strongly. French, British, and Dutch stock markets were also strong, and Greek and Danish stock markets were near new highs. In the video last week, Dr. Li Zhenyu told him that the Polish stock market has risen by 50% in the past few months. Poland is next to Ukraine, and the stock market reflects the future. The so-called spring water is warm, and the stock market is the most prophetic.

Xie Jinhe pointed out: “Since Russia invaded Ukraine, inflation in Europe has deteriorated. The CPI in the UK is above 10%. The price of oil and natural gas has soared, and the people can’t bear it. When will the war between Russia and Ukraine end? We don’t have first-hand information so it’s hard to see the truth. However, European stock markets have risen sharply, oil prices have fallen by 40% from high levels, soybeans, wheat, and corn have fallen by 30%, and natural gas has fallen by 60%, which seems to herald new opportunities in the future.”

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