MODERN FINANCIAL AND COMMODITY MARKETS: CHARACTERISTICS AND DIMENSIONS

Modern financial systems are global in nature. The article reveals the current state of world financial markets. The example of stock index trends shows the main trends in global financial markets as a result of global challenges (the Covid-19 pandemic and the war in Ukraine). The trends of stock market indicators in different regions of the world are analyzed. The article reveals the current factors that affect the trends of stock indices. The influence of economic and political consequences caused by the pandemic and war on the further development of the world economy is studied. The role of geopolitical events on the development of commodity markets, in particular gold and oil, is shown. The main stock indices and how they react to changes in the world economic environment are analyzed. Thus, the article shows that negative global signals are causing concerns about rising inflation around the world, and rising rates are affecting investor sentiment. It has been proven that financial markets can calm down from the global decisions of international leaders and organizations. However, very often geopolitical decisions show signs of indecision, which affects the continuation of hostilities in Ukraine and contributes to the subsequent fluctuations of financial indicators. t is shown that the volatility of financial markets will remain high in the last week of June, due to the planned expiration of contracts for derivative instruments in June and political decisions of the G7 countries, which may ban Russian gold imports on Tuesday, June 28. The article analyzes the characteristics of the trends of major world stock indices and reveals the possible prospects for their development, as well as identifies the main factors of stock market trends at the present stage of development. The current state of the financial market of Ukraine is studied.