- As conflict risks increased after a Ukrainian nuclear power facility briefly caught fire, US futures fell and European shares plunged to a one-year low.
- As investors anticipated the monthly employment report, contracts on US indices suggested further losses for Wall Street. The Stoxx 600 index in Europe was down more than 2.5% this week, putting it on track for its lowest week since March 2020. An Asian equities index also fell.
- Risk appetite has decreased in global markets as a result of Russia's invasion of its neighbour and the subsequent sanctions imposed by the US and its allies, while commodity prices have risen due to supply worries. S&P 500 futures initially slumped as Ukraine said a nuclear plant was on fire after Russian shelling of the area, before coming off lows as the blaze was contained.
- Treasury and gold prices rose on safe-haven demand while oil prices were close to their biggest weekly surge in nearly two years. The dollar index hit its highest point since July 2020, while the euro fell below $1.10 for the first time since May 2020.
- Nord stream 2 has filed for insolvency - Tass.
- Ukraine's Defence Minister: Ukraine sank a navy flagship to avoid capture.
- Moscow exchange will be closed on March 5-8th - BoR
- Flows of gas along the Yamal-Europe pipeline have come to a halt - Data
- Russia's military have started shelling Europe's largest nuclear power plant - AP.
