Traders are diverting coffee shipments that were initially expected to go to Russia, and some have stopped selling to that market altogether, attendees at a U.S.
Portfolio investors sold petroleum last week as a slowing economy in China and Europe and a massive release of strategic stocks by the United States outweighed concerns about the disruption of exports from Russia.
Portfolio investors sold petroleum last week as a slowing economy in China and Europe and a massive release of strategic stocks by the United States outweighed concerns about the disruption of exports from Russia.
U.S. shares were set to open sharply lower on Monday, dragged down by high-growth stocks as Treasury yields surged, ahead of Tuesday's inflation data that could back a more hawkish stance from the Federal Reserve.
The Nasdaq fell more than 1% on Monday, leading Wall Street's main indexes lower, as rising bond yields weighed on megacap stocks such as Microsoft and Apple with investors on edge ahead of Tuesday's inflation data.
The S&P and the Nasdaq fell more than 1% on Monday as rising bond yields weighed on megacap growth stocks such as Microsoft, Alphabet and Apple, with investors on edge ahead of Tuesday's inflation data.
Wall Street slid on Monday as investors began the holiday-shortened week with a flight to safety, as rising bond yields weighed on market-leading growth stocks ahead of crucial inflation data.
Wall Street closed sharply lower on Monday as investors started the holiday-shortened week in a risk-off mood, as rising bond yields weighed on market-leading growth stocks ahead of crucial inflation data.
A credit committee has voted to class a bond issued by Russian Railways as being in default, marking the first time a Russia-originated debt instruments has been officially classified as defaulted since the country's invasion of Ukraine.
Investors moved a step closer on Monday to a potential payout of billions of dollars in default insurance on debt issued by the Russian government and its entities as the country is on the brink of its first external default in over a century.
European Union officials will hold talks in Vienna with OPEC representatives on Monday amid calls for the producer group to increase output and as the EU considers potential sanctions on Russian oil.
OPEC told the European Union on Monday that current and future sanctions on Russia could create one of the worst ever oil supply shocks and it would be impossible to replace those volumes, and signalled it would not pump more.
Nepal is tightening imports of cars, gold and cosmetics as its foreign exchange reserves have fallen, a central bank official said on Monday, after the government suspended the central bank governor and named his deputy the interim chief.
The Federal Reserve is expected to deliver two back-to-back half-point interest rate hikes in May and June to tackle runaway inflation, according to economists polled by Reuters who also say the probability of a recession next year is 40%.
The Federal Reserve is expected to deliver two back-to-back half-point interest rate hikes in May and June to tackle runaway inflation, according to economists polled by Reuters who also say the probability of a recession next year is 40%.
Growth in Britain's economy slowed more sharply than expected in February as gross domestic product rose by 0.1%, official figures showed on Monday, down from 0.8% growth in January.
Britain's economy slowed more sharply than expected in February, reflecting a hit to car production from component shortages, storm disruption and reduced health spending as households braced for a tighter cost-of-living squeeze.
Gold prices slipped in range-bound trading on Monday as surging Treasury yields boosted the dollar and countered fresh concerns about the war in Ukraine, while palladium extended gains fuelled by London's decision to block trading of the metal from Russia.
An aggressive Federal Reserve, soaring inflation and geopolitical uncertainty from the war in Ukraine are muddying the outlook for the upcoming U.S.
Thursday's European Central Bank meeting could mark another tense moment for policymakers caught between record high inflation and the economic hit from the war in Ukraine.
Chinese question-and-answer website Zhihu Inc opened its bookbuilding process on Monday to raise $133 million in a dual primary listing in Hong Kong, according to its regulatory filings and a term sheet seen by Reuters.
A senior Bank of Japan (BOJ) official on Monday warned that excessive volatility in yen moves could hurt growth, after the currency's slide below the key 125 yen threshold on the dollar raised concerns about broader risks to the import-reliant economy.
The Bank of Japan on Monday cut its assessment for most regional economies in the country and its governor warned of "very high uncertainty" over the fallout from the Ukraine crisis, underscoring heightening risks to the economic recovery.
The Bank of Japan on Monday cut its assessment for most regional economies in the country and its governor warned of "very high uncertainty" over the fallout from the Ukraine crisis, underscoring heightening risks to the economic recovery.
The euro made a firm start to the week on investor relief that incumbent Emmanuel Macron led first-round voting in the French presidential election, while other moves were slight ahead of central bank meetings in Europe, Canada and New Zealand.
The dollar held just below two-year highs against a basket of currencies on Monday, still supported by higher U.S.
Asian shares slipped on Monday ahead of a week thronging with central bank meetings and U.S.
Shares slid and bond yields climbed on Monday as caution gripped markets ahead of central bank meetings and U.S.
The euro traded higher and the spread between French and German bond yields tightened on Monday after incumbent French President Emmanuel Macron won a larger than expected share in the first round of the French election.
U.S. Treasury yields rose to multi-year highs on Monday, while the euro strengthened and the spread between French and German bond yields narrowed after French President Emmanuel Macron won a larger than expected vote share in Sunday's election.
