- Concerns that the United States' inflation would continue to rise for the sixth month in a row and that Russia's invasion on Ukraine will continue to drive down equity-index futures in the United States. Bonds rose as investors looked to the European Central Bank for clues on how policymakers would respond to the Ukraine crisis.
- After u.s. stocks soared to their highest level since June 2020 on Wednesday, futures expiring this month on the s&p 500 and Nasdaq 100 indices each fell at least 0.8%. Before the European Central Bank's policy choices this afternoon, the Stoxx 600 index fell for the sixth time in six days, and the euro fell. Treasury bonds and the dollar rose, while oil prices rebounded.
- The isolation of Russia from global economic ties has wreaked havoc on commodity markets, raising worries of a further slowdown in the global economy and a spike in inflation already fueled by commodity supply disruptions. Investors are discussing whether the ECB and the Federal Reserve, which meet next week, would place a higher priority on limiting consumer prices or supporting economic recovery.
- Russian Foreign Minister Lavrov: We don't want to ever depend on the west again - nations or companies.
- Russian Foreign Minister Lavrov: We do not want the militarization of Ukraine; We want Ukraine to be neutral.
- China widens yuan trading band against the Ruble to 10% from 5%.
- Ukraine's Presidential Advisor: We will retake Donbass and Crimea.
- China's Foreign Ministry Spokesman Zhao: China will assist Ukraine in accordance with its needs.
- Russia will no longer be a participant of the European Council. - Tass cites Foreign Minister
