By David Henry and Stefano Rebaudo
After uncertainty about the war in Ukraine prompted a market sell-off on Friday, stock markets rebounded on Monday and commodity prices edged back down
The Australian and New Zealand dollars slipped on Monday as hints of progress in Russian-Ukraine talks saw global commodity prices come off the boil, while US dollar looks forward to rate hikes
Russian President Vladimir Putin on Wednesday signed a law that exempts individuals from value added tax (VAT) on the purchase of gold.
Euro tumbled to a fresh 22-month low on the dollar and hit multi-year troughs on the yen, Swiss franc and sterling as Ukraine war drove up commodity prices and stoked fears of a stagflationary sho
The major U.S. stock indices declined less as Europe's dependence on Russian energy and its proximity to Ukraine has slammed the continent more than other parts of the globe
The Australian dollar climb one-year high on the euro on Wednesday as investors were attracted by Australia's status as a net energy exporter and distance from Europe's troubles.
The RBI is also gauging the extent of damage to the Indian banking sector amid the Ukraine crisis. More on this and other stories in our top headlines this morning.
Yuan was little changed against the dollar on Wednesday, as traders see limited short-term impact from the Russia-Ukraine crisis, while further western sanctions could benefit currency in long run.
Away from the threat of a full-scale Russian invasion of Ukraine, the New Zealand dollar jumped 0.52% after Reserve Bank of New Zealand raised ROI, stating more tightening could be necessary.
Australian and New Zealand dollars were holding their ground on Tuesday as strength in global commodity prices helped offset some of the investor unease about Russia's incursion into eastern Ukraine.
Safe-haven Japanese yen fell back on Friday and the Australian dollar advanced as investors took comfort from news of talks between the United States and Russia over the crisis in Ukraine.
Dollar millionaires or those possessing a personal wealth of over Rs 7 crore rose by 11% to 4.58 lakh households in India at the end of the pandemic-hit 2021, says a survey.
The dollar bounced on Thursday after a Russian news report of mortar fire in eastern Ukraine jangled market nerves and sent investors in to safe havens.
Spot gold was flat at $1,868.09 per ounce, as of 0331 GMT, hovering near its June high of $1,879.48 hit on Tuesday
At the interbank forex market, the local unit opened at 75.24 against the greenback and witnessed an intra-day high of 74.96 and a low of 75.24
The U.S. dollar index edged lower and was down 0.2% on the day at 95.846 by 0831 GMT
Spot gold gained 0.2% to $1,856.83 per ounce by 0836 GMT. U.S. gold futures were nearly steady at $1,857.80
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.06 per cent higher at 96.04.
Biden, in nationally televised remarks, also said reports that some Russian forces have moved away from the Ukraine border have not yet been verified by the United States.