- As investors considered the likelihood of forceful policy action to limit inflation, US index futures fell along with equities in Europe, while bonds throughout the world fell.
- After US stocks closed little changed on Monday, futures on the S&P 500 and the Nasdaq 100 reversed early gains to trade lower. Treasury yields continued to fall, with the 10-year yield reaching a new three-year low. As bonds across Europe fell, 10-year rates in Germany and the United Kingdom soared to their highest levels since 2015. The value of the dollar increased marginally.
- The Stoxx Europe 600 index fell more than 1%, driven by healthcare and consumer-products businesses, with technology stocks also losing. On the back of a solid first-quarter report, TotalEnergies led energy stocks higher.
- Russian Defence Min. Shoigu: Russian forces are tactically carrying out the plan to liberate the Donetsk and Luhansk people's republics - RIA
- Russian Foreign Minister Lavrov: Another stage of this operation is beginning.
- OPEC+ produced 1.45 mln BPD below targets in March - Report
- France's Finance Min. Le Maire: Embargo on Russian oil is being worked on.
