ECONOMY & MARKETS

Federal Reserve Governor Lael Brainard on Tuesday said she expects methodical interest rate increases and rapid reductions to the Fed's balance sheet to bring U.S.

Federal Reserve Governor Lael Brainard on Tuesday said she expects methodical interest rate increases and rapid reductions to the Fed's balance sheet to bring U.S.

Canada's exports rose 2.8% in February to a record high, driven mostly by energy products, while imports climbed 3.9% from the previous month, data from Statistics Canada showed on Tuesday, with economists anticipating more gains for exports ahead.

Spain's central bank on Tuesday lowered its economic growth forecast for this year and next due to the impact of inflation stoked by Russia's invasion of Ukraine, and said the pace of recovery had already slowed down in the first quarter.

An advisory panel to Japan's finance minister on Tuesday recommended that the law should be changed to revoke Russia's most-favoured-nation trading status following Moscow's invasion of Ukraine.

Banks have begun quietly trying to persuade the European Union to tone down proposals to toughen scrutiny of non-EU lenders to ensure the planned measures don't also curb companies' access to international finance.

Wall Street's main indexes were set to open lower on Tuesday as the prospect of fresh sanctions on Russia kept investors on edge, while megacap growth stocks retreated after strong gains a day earlier.

Wall Street's main indexes fell on Tuesday after U.S.

Wall Street's main indexes fell on Tuesday after U.S.

Wall Street's main indexes fell on Tuesday, dragged by weakness in tech and other growth stocks, after comments from Federal Reserve Governor Lael Brainard spooked investors about potential aggressive actions by the central bank to control inflation.

Wall Street's main indexes fell on Tuesday, dragged by weakness in tech and other growth stocks, after comments from Federal Reserve Governor Lael Brainard spooked investors about potential aggressive actions by the central bank to control inflation.

The Toronto stock index gained on Tuesday as energy stocks rose tracking oil prices and as data showed Canada's exports scaled all-time peak in February.

Canada's main stock index fell on Tuesday, pulling back from a record intraday high, as the potential for aggressive U.S. interest rate hikes weighed on investor sentiment.

French stocks and bonds fell on Tuesday as markets started to acknowledge the risk of far-right candidate Marine Le Pen winning this month's presidential elections against incumbent Emmanuel Macron.

Euro zone business growth got a boost last month from the re-opening of economies following the Omicron coronavirus variant, according to a survey which however showed soaring energy costs and Russia's invasion of Ukraine threaten the recovery.

Asian equities witnessed steep foreign outflows in March, hit by worries over higher inflation as commodity prices soared due to an escalating conflict between Russia and Ukraine.

Gold prices eased on Tuesday as the dollar held firm on rising prospects of further sanctions against Russia and possibly more aggressive interest rate hikes by the U.S.

Gold slipped on Tuesday as higher U.S. Treasury yields and expectations of aggressive interest rate hikes by the Federal Reserve dimmed the appeal of the non-yielding bullion.

Gold held steady on Tuesday as safe-haven demand spurred by the possibility of new sanctions on Russia countered a rise in U.S.

Gold fell on Tuesday as rising U.S. Treasury yields and expectations for more aggressive monetary policy tightening by the Federal Reserve offset safe-haven demand for bullion spurred by possible new Western sanctions on Russia.

European shares edged higher on Tuesday as investors awaited a batch of fresh sanctions on Moscow, while France's blue-chip index slumped after opinion polls for presidential elections due later this month tightened.

Gold eased on Tuesday as the U.S. dollar held firm on rising prospects of more sanctions against Russia and possibly bigger interest rate hikes by the Federal Reserve to rein in inflation.

Asian stocks ticked up to their highest in more than a month supported by broad gains on Wall Street on Tuesday, while the euro was stuck near a one-week low against the dollar amid talk of more sanctions against Moscow.

Asian stocks rose to their highest in more than a month on Tuesday, underpinned by a broad recovery on Wall Street while the euro was stuck near a one-week low against the dollar amid talk of more sanctions against Moscow.

Stocks on global indexes fell on Tuesday while U.S.

An expected acceleration of inflation could hurt Japan's economy by weighing on household income and corporate profits, Bank of Japan (BOJ) Governor Haruhiko Kuroda said on Tuesday, promising to maintain a "powerful", ultra-loose monetary policy.

Bank of Japan Governor (BOJ) Haruhiko Kuroda said on Tuesday the yen's recent moves were "somewhat rapid," joining a chorus of policymakers who have warned that sharp falls in the currency could hurt the country's import-reliant economy.

Japan's household spending rose for a second consecutive month year-on-year in February, helped by a flattering comparison with last year's sharp pandemic-induced slump but the consumer sector is now facing growing headwinds from soaring prices.

Japan's household spending rose for a second consecutive month year-on-year in February, helped by a flattering comparison with last year's sharp pandemic-induced slump but the consumer sector is now facing growing headwinds from soaring prices.