- As the Federal Reserve's aggressive tightening path and China's currency lockdowns worsened the outlook for economic growth, investors fled to the safety of the US dollar, while global stocks slid ever closer to a bear market.

- The dollar extended a two-year high on Monday, rising against all of its major counterparts. Futures on the S&P 500 and the Nasdaq 100 fell at least 1.5% each, while the MSCI world stock index fell 16% from a November high. Oil fell more than 2% as concerns about slowing Asian demand outweighed a Group of Seven pledge to ban Russian oil. Most treasuries fell, with the five-year rate reaching its highest level since 2008.

- A wave of risk aversion has swept through global markets following Friday's US jobs data, which left little room for the Fed's rate increase and quantitative-tightening plans to change course. While that sent the S&P 500 index on its longest weekly losing streak since 2011, sentiment took a further hit over the weekend when Chinese Premier Li warned that the country's employment situation had worsened due to COVID restrictions.

- Russian Defence Ministry: Our forces have destroyed a US-made counter-battery radar in Ukraine.

- The Russian government sees the number of new buyers of crude is rising - Tass

- Russian Negotiator: Peace talks with Ukraine have not halted, they are being held remotely - IFAX

- Japan's Chief Cabinet Sec. Matsuno: To address energy needs, we will use renewables and nuclear power.