According to Russian media, Prime Minister Alexander Novak said that Moscow was considering suspending uranium exports. In addition, a Russian court decided to completely exclude Meta Platforms (FB.US) from Russia, calling it an "extremist" organization. The US ambassador was informed that the ties between the two countries are close to severing.
Global X-URANIUM ETF CFD (URA.US) price rose sharply during today's session, however buyers struggle to break above major resistance at $26.55 which is marked with previous price reactions and 61.8% Fibonacci of the last downward correction. Source: xStation5
Meta (FB.US) stock fell nearly 4.0% during today's session. If current sentiment prevails, downward move may accelerate towards recent lows at $190.00. Source: xStation5
