ECONOMY & MARKETS

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 26, 2022.

Wall Street Slides After Powell's Hawkish Comments

Wall Street's main indexes fell on Monday as Federal Reserve Chair Jerome Powell's comments sparked bets of more aggressive interest rate hikes, adding to investor concerns as the Ukraine conflict rages on.
The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, February 15, 2022.

European Shares Muted In Choppy Trade

European shares were subdued at the close on Monday after choppy trading, as the surge in energy stocks was offset by tinvestor concerns around fighting in Ukraine.
A view of the Phillips 66 Company's Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products at the Kinder Morgan Carson Terminal (backgroun

Crude Jumps More Than 6% As EU Mulls Russian Oil Ban

Oil prices soared more than 6% on Monday, with global benchmark Brent crude climbing above $115 a barrel, as European Union nations considered joining the United States in a Russian oil embargo and after a weekend attack on Saudi oil facilities.
A view of the Phillips 66 Company's Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products at the Kinder Morgan Carson Terminal (backgroun

Oil Prices Jump Over $4 As EU Considers Russian Oil Ban

Oil prices jumped more than $4 on Monday, with Brent crude climbing above $111 a barrel, as European Union nations considered joining the United States in a Russian oil embargo and after a weekend attack on Saudi oil facilities.
A view of the Phillips 66 Company's Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and storage tanks for refined petroleum products at the Kinder Morgan Carson Terminal (backgroun

Oil Prices Up More Than $6 As EU Considers Russian Oil Ban

Oil prices jumped by more than $6 on Monday, with Brent crude climbing above $114 a barrel, as European Union nations considered joining the United States in a Russian oil embargo and after a weekend attack on Saudi oil facilities.
A man wearing a face mask, following the coronavirus disease (COVID-19) outbreak, stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021.

Shares Ease As Ukraine Fighting Rages On, Oil Climbs

Stock markets around the world dipped on Monday as fighting in Ukraine raged on with no sign of a ceasefire even as negotiations continued, while Brent crude prices climbed above $110 a barrel as supplies remained tight.
A man wearing a face mask, following the coronavirus disease (COVID-19) outbreak, stands on an overpass with an electronic board showing Shanghai and Shenzhen stock indexes, at the Lujiazui financial district in Shanghai, China January 6, 2021.

Asia In Cautious Mood, Yen Near Six-year Low

Asian share markets started the week in a cautious mood on Monday as investors clung to hopes for an eventual peace deal in Ukraine, but the fighting raged on with no sign of stopping.

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