22 Mar 2022 - Wall St closed mixed as investors took a breather following last week's rally. Ukraine President Zelenskyy refused to surrender Mariupol, sending oil prices soaring. US bond yields spiked after Fed Chair Powell’s hawkish comments. Pendal (ASX:PDL) coverage for Stockwatch
21 Mar 2022 - Global major indexes capped off the week on a positive note, as continued geopolitical tensions was offset by optimism amid the world’s largest economies. Investors kept a close eye on a meeting between President Biden and Chinese counterpart Xi Jinping after Biden warned China that the world’s second largest economy would face consequences if aid was given to Russia. Oil rose back above US$100 per barrel.
18 Mar 2022 - Wall St's relief rally continues buoyed on news that Russian bond payments were processed by JP Morgan to Citi. The Kremlin downplayed that peace talks were progressing, sending oil prices higher. The Bank of England raised its interest rate to 0.75%. Asian shares continued to rebound strongly amid Beijing’s support for equity markets.
17 Mar 2022 - Wall St gains for 2nd day after Fed hiked rates for the first time in 3-years, buoyed by progress of peace talks between Russia and Ukraine. Ukrainian President Zelenskyy said Russia was “more realistic", but on the ground, Russian military attacks deepen. Asian markets rebounded helped by Hong Kong tech titans with the fever spilling over to European shares. China's authorities pledged to stimulate the economy and support the market. Breakdown of Fed forecast and...
16 Mar 2022 - Wall St soars as dip buyers emerge amid hopes of a positive outcome on peace talks between Russia and Ukraine. Commodity prices continue to slide amid nickel trading to resume on LME in 24 hours. China and Hong Kong stocks slumped amid Covid-19 lockdowns, tech regulation and Russia ties.
15 Mar 2022 - Wall St closed mixed amid ongoing concerns in Ukraine ahead of the Fed’s policy decision on Thursday. European shares rose on hopes of peace talks while price of oil & gold fell. China's tech sector comes under scrutiny again amid a fresh Covid-19 lockdown in China.
14 Mar 2022 - Asian markets & the ASX closed mixed after investors digested hot US inflation figures and the hawkish tilt from the European Central Bank. European markets rallied on optimism from the Kremlin on a "certain positive shift" in talks with Ukraine. Wall St fell as investors questioned President Putin's words over his actions amid hot inflation, weighing down on consumer sentiment.
11 Mar 2022 - Wall St & European markets fell after talks between the Russian and Ukrainian foreign ministers failed to ceasefire, crushing hopes of a neutrality. Investors digested the latest inflation data hitting fresh 40-year highs, while hawkish ECB comments tipped Euro shares over. Asian stocks and ASX tracked the Wall St's prior rally.
10 Mar 2022 - Wall St, European markets, and the ASX staged a rebound as dip buying emerged in oversold conditions. Investors bet that Russia and Ukraine could reach truce through diplomatic means. Oil price plunges 11%. Rio Tinto (ASX:RIO) and South32 (ASX:S32) trading ex-div today.
09 Mar 2022 - Global shares were volatile amid the US banning Russian oil imports while the UK aims to do so by year-end. At a summit this week, the EU are mulling on reducing its dependence on Russian energy. Commodity prices surged and pared back gains.
