- As investors evaluated the likelihood of rapid monetary tightening by the Federal Reserve, US equities futures slightly increased, and the dollar index rose to a record level for a third day.
- Less than 0.3% was gained by contracts for the S&P 500 and the Nasdaq 100 before the market heard from a number of speakers for the Fed. Miners in fall led to decreases in Europe's Stoxx 600 index.
- Oil recovered from a fall as Russian President Vladimir Putin stressed that his nation won't supply oil and fuel if export price caps are implemented.
- Treasury prices have fallen as a result of predictions that the Fed will raise rates by another 75 basis points to combat high inflation, and traders are preparing for the European Central Bank's rate announcement on Thursday, which might result in a move of a similar magnitude.
