- On Thursday, as the crisis in Ukraine began its second week and investors pondered the impact of increasing commodity prices on inflation and economic development, US futures were little changed and European markets dipped.
- The STOXX 600 index in Europe fell, headed by utilities, and shares in European companies with a Russian exposure plummeted. As oil rose to its highest level since 2008, mining stocks skyrocketed.
- The Ukrainian crisis has thrown commodities markets into disarray, as major corporations move out of Russia, lenders back out of financing deals, and the possibility of further sanctions deters buyers. European natural gas prices swung back and forth after setting a new high, while zinc prices soared to their highest level since 2007.
- After significant losses on Wednesday, treasuries were little altered, albeit the 10-Yr yield remains below the 2% levels recorded before Russia's intervention. the dollar and gold advanced.
- We are picking up on social media speculation on probable plans to impose martial law in Russia, according to an EU official.
- EU sanctions on Russia are starting to have an impact, according to an EU official.
- UK: Russian enterprises in the aviation and space industries have been denied access to the UK insurance market.
- Gas supplies from Poland to Germany via the Yamal-Europe pipeline have ceased. - Gascade data
