Page 12 - Global Markets

Russia-Ukraine conflict: Euro set for biggest weekly rise in six weeks

The dollar index paused for breath on Friday, recovering slightly to 98.18 after declining every other day this week, and was set for a 1% loss over the period

Global shares mixed after oil price climbs back above $100 per barrel

Shares have opened lower in Europe after gains for most Asian benchmarks as oil prices hovered above USD100 per barrel. Stocks rose in Tokyo and Shanghai but fell in Paris, Frankfurt and London. U.S. futures were lower. Ukrainian President Volodymyr Zelenskyy called for more help for his country after days of bombardment of civilian sites in multiple cities over the past few days. The war, and plans for President Joe Biden to speak with Chinese President Xi Jinping later Friday were among the uncertainties overhanging markets. The White House said the conversation will center on managing the competition between our two countries as well as Russia's war against Ukraine and other issues of mutual concern. Germany's DAX slipped 0.3per cent to 14,357.48 and the CAC 40 in Paris lost 0.5per cent to 6,583.42. Britain's FTSE 100 lost 0.2per cent to 7,368.02. The futures for the S&P 500 and Dow industrials were 0.4per cent lower. Wrapping up a two-day meeting, the Bank of Japan opted to

Sensex soars 1,047 pts, Nifty tops 17,250; HDFC jumps 5.5%, Paytm drops 6%

CLOSING BELL: JSW Steel, Titan Company, SBI Life, RIL, Kotak Bank, Tata Consumer Products, Tata Steel, Nestle India, and Eicher Motors were the other notable gainers

Global stocks recover on Ukraine talks, Fed hopes buoy US yields

Investors are expecting the U.S. Federal Reserve to raise interest rates by at least 25 basis points amid surging prices later on Wednesday.

Ukraine crisis: Fund managers now see equity bear market in 2008-like gloom

This is the takeaway of the latest Bank of America Corporation monthly global fund manager survey conducted in the week through March 10

World share prices sink as coronavirus, war trump strong China data

World share prices have fallen, with Hong Kong down almost 6% and Shanghai sinking 5% as virus lockdowns and rising numbers of COVID cases in China threaten to disrupt manufacturing and trade. The sell-off gathered pace late in the session despite the release of data showing strong increases in Chinese retail sales, industrial production and investment in January-February. It followed a decision by China's central bank not to ease interest rates to spur economic growth. Prices of oil and other commodities slid as Russian forces pounded the Ukraine capital ahead of another round of talks between the two sides. Germany's DAX lost 2.3% to 13,612.44 and the CAC 40 in Paris was also 2.3% lower at 6,223.67. Britain's FTSE 100 declined 1.5% to 7,088.89. The futures for the S&P 500 and Dow industrials were down 0.7%. Anxiety over the war in Ukraine and an upcoming Federal Reserve meeting on interest rates is keeping markets on edge. Uncertainty about whether persistently high inflation

Global share markets fall as US inflation hits nearly 8%, ECB moves

Global share markets slid on Thursday as U.S. inflation hit almost 8%, making it almost certain the U.S. Federal Reserve will raise interest rates next week

Gold resumes advance as Russia-Ukraine talks re-ignited a shift

A rush to safe-haven assets earlier this week due to the Ukraine crisis powered gold prices to near record levels hit in August 2020.

Global market can't dictate Indonesia palm policy: Trade Minister

Indonesia's palm oil price should not be dictated by external market, its trade minister said, backing his decision to expand palm oil export curbs at time of surging global prices from supply crunch

Euro rallies ahead of ECB meet, Poland's zloty and Hungary's forint surge

Sterling rose 0.4% against the dollar to $1.3148, Poland's zloty jumped 1.8% against the greenback to 4.3808 and Hungary's forint surged 2.8% to 345.80.

Euro edges up 0.5% against the dollar ahead of ECB meeting

Other European currencies such as Poland's zloty and Hungary's forint rebounded from record lows against the euro, both supported also by their central banks' sharp interest rate hikes on Tuesday.

Most global indices are near bear territory. Will the Sensex, Nifty follow?

Empirical analysis of past 17 market corrections in excess of 10 per cent, according Antique Stock Broking, suggests that market recoveries are swift with entire losses getting recouped in 3-6 months

Dollar loses steam, euro steadies as oil backs off in volatile day

By David Henry and Saikat Chatterjee

Rupee plummets 76 paise to 76.93/USD as oil soars amid Ukraine crisis

The rupee tanked 84 paise to close at its lifetime low of 77.01 (provisional) against the US dollar on Monday as intensifying geopolitical risks

Japan's Nikkei slips to 15-month low as Russia Ukraine crisis intensifies

Japan's Nikkei index hit a 15-month low on Friday as global markets remain on edge following reports of Europe's largest nuclear power plant set on fire amid an intensifying war between Ukraine-Russia

Within days, Russia's war on Ukraine squeezes the global economy

Ocean rates may double or triple to $30K/ container & air freight costs are set to jump even higher

Russian stocks listed abroad plunge as much as 74%with Moex shut still

The largest US-listed ETF tracking Russian equities, VanEck Russia ETF, fell 12 per cent in premarket trading after cratering 30 per cent

Commodities up as Russia's nuke alert, West's sanctions spur supply worries

Oil, grains rise; aluminium at record high, nickel up on Russian supply worries, fears of food inflation as wheat, corn, edible oil prices rally

Financial markets trying to discount changing news flow: Rabobank Intl

The accommodative RBI policy, combined with fiscal stimulus and (further) increase in energy commodities, particularly oil, increases the odds of high inflation, say Lambregts and Eijkelenburg

Statsguru: How Russia-Ukraine conflict is impacting global markets

Financial markets, too, have felt ripples of the event