- Traders evaluated inflation risks from commodities supply disruptions and braced for the Fed to begin boosting interest rates this week as US equities futures rose and treasuries sank.

- The S&P 500, Nasdaq 100, and European contracts all rose, indicating a pause in the selloffs triggered by Russia's invasion of Ukraine. Efforts at diplomacy to resolve the issue, as well as allegations from a US official that Russia requested China for military equipment, were scrutinised by investors.

- Concerns about a regulatory pinch at home, as well as expectations that corporations may have to delist from the US, drove down Chinese tech shares in Asia. China's economic outlook is also deteriorating, putting pressure on the country's stock market. A lower-than-expected yuan reference rate could raise expectations of further policy easing.

- The dollar remained stable while the yen fell, boosting Japan's stock market. The Ruble was predicted to be slightly stronger than the dollar. From $2,000 an ounce, gold has dropped much more.

- The five-year US yield rose above 2% for the first time since May 2019, extending a collapse in treasuries. On Wednesday, the Fed is likely to begin a cycle of rate hikes aimed at taming inflation, starting with a 25 bps increase.

- Before the war in Ukraine, pricing pressures were already strong, and the isolation of resource-rich Russia exacerbated commodities costs. Crude fell around 3%, but remained above $105 per barrel.