Australian retail sales were surprisingly strong in January as shoppers weathered a surge in Omicron cases with aplomb, suggesting the economy maintained considerable momentum into the new year.
Rising crude oil prices and supply disruptions following Russia's invasion of Ukraine could further sap an Indian economy already slowed by COVID-19, posing risks to household spending and private investments, economists said.
Japan's factory output shrank for the second month in January as the auto sector grappled with production suspensions due to the pandemic, with Russia's invasion of Ukraine intensifying pressure on an economy facing the risk of a contraction.
Japan's factory output shrank for the second straight month in January as the auto sector grappled with production suspensions due to the coronavirus pandemic and global supply shortages, raising the likelihood of an economic contraction.
BP's decision to abandon its stake in oil giant Rosneft is the first high-profile example of the self-sanctioning by companies of their business links to Russia, a process likely to have major short- and long-term implications for energy markets.
The Russian rouble tanked to fresh record lows on Monday while world stocks slid and oil prices jumped, as the West ramped up sanctions against Russia over its Ukraine invasion, with steps including blocking banks from the SWIFT global payments system.
Crude oil jumped while the rouble plunged nearly 30% to a record low on Monday after Western nations imposed tough new sanctions on Russia for its invasion of Ukraine, including blocking some banks from the SWIFT global payments system.
The Russian ruble hit record lows on Monday while world stocks slid and oil prices jumped after the West ramped up sanctions against Moscow over its invasion of Ukraine, including blocking Russian banks from the SWIFT global payments system.
U.S. equity futures sank with the euro while the safe-haven dollar and yen were in demand on Monday after Western nations imposed fresh sanctions on Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments system.
Crude oil jumped while the rouble plunged nearly 30% to a fresh record low on Monday after Western nations imposed new sanctions on Russia for its invasion of Ukraine, including blocking some banks from the SWIFT international payments system.
World stocks slid, oil prices jumped and the rouble tanked to fresh record lows on Monday, as the West ramped up sanctions against Russia for its attack on Ukraine that included blocking banks from the SWIFT global payments system.
Chicago grain and oilseed futures made a huge run early last week as tensions rapidly escalated between Russia and Ukraine, but it did not excite already-bullish speculators as much as it may have seemed.
Chicago grain and oilseed futures made a huge run early last week as tensions rapidly escalated between Russia and Ukraine, but it did not excite already-bullish speculators as much as it may have seemed.
The Russian ruble sank and the euro nursed sharp losses against the U.S.
The euro pared some of its earlier losses on Monday, mirroring the rouble, which also trimmed some of its declines from an all-time low, after Russia said it had started talks with Ukraine.
The rouble plunged around 30% on Monday, the euro slid almost 1% versus the dollar, and the safe-haven Swiss franc and Japanese Yen were in demand after Western nations imposed tough new sanctions on Russia for its invasion of Ukraine.
The Russian rouble plunged nearly 20% to a new record low versus the dollar on Monday and the euro sank more than 1% after Western nations announced a harsh set of sanctions to punish Russia for its invasion of Ukraine https://www.reuters.com/world/india/war-with-ukraine-putin-puts-nuclear-deterrence-forces-alert-2022-02-27, including blocking some banks from the SWIFT international payments system.
The rouble plunged to a record low on Monday and the dollar soared against most peers after Western nations announced fresh sanctions to punish Russia for its invasion of Ukraine, and President Vladimir Putin put its nuclear forces on high alert.
The Russian rouble plunged and the euro nursed losses against the U.S.
The Russian rouble was set to plunge nearly 30% to all-time lows versus the dollar on Monday, while the euro sank after Western nations announced fresh sanctions to punish Russia for its invasion of Ukraine https://www.reuters.com/world/india/war-with-ukraine-putin-puts-nuclear-deterrence-forces-alert-2022-02-27, including blocking some banks from the SWIFT international payments system.
Swiss President Ignazio Cassis said on Sunday that it was "very probable" that neutral Switzerland would follow the European Union (EU) on Monday in sanctioning Russia and freezing Russian assets in the Alpine country.
Energy ministers from European Union countries on Monday agreed to urgently link a European power system to Ukraine's grid, a move that would increase its independence from Russia following Moscow's invasion of the country.
A decision by Western allies on Saturday to block "selected" Russian banks from the SWIFT payments system will inflict a crippling economic blow, but also cause much pain to their own companies and banks.
Nigeria will offer a naira incentive to exporters of semi-processed or finished goods made at home in a push to shore up the country's dollar supply, the central bank said.
U.S. curbs on exports to Russia for invading Ukraine look tough at first glance, but exemptions on everything from mobile phones to airplane parts coupled with the difficulty of policing shipments suggest a softer economic blow.
U.S. retail investors bought stocks during Thursday's selloff, even as many of their favorite names have been battered by worries over geopolitical strife and a hawkish Federal Reserve that looks set to keep volatility elevated.
U.S. stocks drew buyers after a recent tumble, but some investors believe buying the dip this time may be a far riskier bet than in the past as markets face geopolitical strife and a hawkish Federal Reserve.
U.S. credit markets have been churning with more volatility spurred by Russia's invasion of Ukraine, on top of uncertainty around monetary policy shifts, hurting investor returns and complicating borrowers' ability to access financing.
U.S. President Joe Biden intends to nominate Jay Shambaugh, a George Washington University professor and former Obama administration economic adviser, as the U.S.
Several companies, including automakers Volkswagen and Renault and tire maker Nokian Tyres, on Friday outlined plans to shut or shift manufacturing operations following Russia's invasion of Ukraine.
