Page 30 - Global Markets

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

US didn't cut off Russia from SWIFT to prevent unwanted consequences

SWIFT is a global cooperative of financial institutions that began in 1973

World shares up, US futures sink as Russia moves toward Ukraine capital

World shares advanced Friday but US futures were lower as Russian troops pressed toward the capital of Ukraine.

Stocks extend sell-off as US warns of imminent Russian invasion of Ukraine

The crisis deepened this week after Russian President Vladimir Putin dispatched troops into parts of Ukraine, triggering sanctions from Western countries.

World markets have not broken sweat since Russian escalation: Here's why

Yet as the world braces for a possible war in Ukraine, we still know relatively little about the interplay between conflicts and financial markets

World stocks bounce as investors eye Putin's next steps in Ukraine

Global stocks broke a four-day slide and demand for safe-haven assets waned on Wednesday

Foreign brokerages trim Nifty December 2022 target amid headwinds

Our 10 mean reversion scenarios put the Nifty50 December 2022 target at an average of 17,500, said Jefferies

Oil, gold soar as Vladimir Putin orders forces to regions of Ukraine

The intensifying stand-off - and the response from the US and Europe - has the potential to roil raw materials markets

How a Russia-Ukraine conflict might hit global markets: 5 things to know

Energy markets are likely to be hit; any interruption to the flow of grain out of the Black Sea region is likely to have a major impact on prices and further fuel food inflation

Russia-Ukraine war concerns push asset price volatility

Volatility soared across markets on Monday, with a gauge of potential swings in the euro-dollar exchange rate at the highest since November 2020

Wall Street set for second day of losses; US 10-year yield near 2%

Europe's STOXX 600 was down 0.9%, Nasdaq and S&P 500 futures were down 0.7% and 0.5% respectively

Euro edges up as traders seek clues on possible ECB rate hike

The euro edged up on Wednesday but was off Friday's three-week high, as traders looked for clues as to when the European Central Bank will hike interest rates

Oil prices fluctuate as market focuses on tight supply, US-Iran talks

By Yuka Obayashi