World Markets Daily In Brief

Tuesday 01/03/2022 World Markets In Brief

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Asia-Pacific markets rose on Tuesday with data and Ukraine in focus, Europe opened mostly lower while the US is down in premarket. Investors will also follow the continuation of the peace negotiations between Russia and Ukraine as the first round of talks ended without a solution.  


.FINANCIAL TIMES (UK)

European shares edge lower as Brent crude rises back above $100

German and Italian government bond prices rise as investors assess developments in Ukraine.

.CNBC (USA)

Stock futures flat ahead of first trading session of March, Russia-Ukraine conflict in focus

U.S. stock futures were muted early on Tuesday as investors continue to monitor the fighting between Russia and Ukraine. Dow futures rose 23 points or 0.07%. S&P 500 futures were flat and Nasdaq 100 futures slipped 0.33%.

.RTT NEWS (USA)

Asian Shares Rise On Optimism Over Russia-Ukraine Talks

Asian stocks advanced on Tuesday as investors gained some optimism from talks aimed at ending the Russian military assault on Ukraine.

.REUTERS (CANADA)

Gazprom says Russian gas shipments via Ukraine continues

Russian state gas company Gazprom said on Tuesday that it was shipping gas to Europe via Ukraine in line with customers’ requests. It said the requests stood at 109.6 million cubic metres as of March 1, up from 105.8 million cubic metres on Feb. 28.

.BLOOMBERG (USA)

Ukraine selloff in markets: Top ranked analyst says ‘worst might be behind us’

The war in Ukraine has dimmed prospects for aggressive Federal Reserve rate hikes and that should bolster American equities even as markets endure a bout of volatility in the coming weeks.

.FIN24 (SOUTH AFRICA)

SA wine producers on tenterhooks as exports to Russia, Ukraine on hold

Wine producers – who are still reeling from the impact of Covid-19 – are facing further uncertainty due to the Russian invasion of Ukraine.

.MINT (INDIA)

Foreign investors likely to continue pulling out funds

Foreign institutional investors (FIIs) have remained net sellers of Indian equities, having sold shares worth $4.47 billion during 1-25 February.

.MARKETWATCH (USA)

U.S. oil spikes above $101 a barrel in sixth day of Russia’s Ukraine invasion

Oil futures jumped Tuesday, with the U.S. benchmark hitting a seven-year high above $101 a barrel, as Russia’s invasion of Ukraine entered a sixth day and Western sanctions against Moscow were seen disrupting supply despite an effort to exempt energy flows.

.WALL STREET JOURNAL (USA)

Stocks Fall, Oil Again Tops $100 Amid Sanctions

U.S. stock indexes fell and bond yields slipped, while oil prices rose to multiyear highs, as Russia’s invasion of Ukraine continued to whipsaw through markets.

.NIKKEI ASIA (JAPAN)

Orix to replace Shinsei Bank as Nikkei 225 constituent

Nikkei announced Monday that it will add Orix to the constituent stocks of the Nikkei Stock Average, or Nikkei 225. The new issue will be added April 4.

.WORLD MARKETS DAILY (ROMANIA)

Asia up, Europe down, US loses

Asia-Pacific markets gained, European stocks fell, major indices in the United States down on Tuesday. Oil prices hit fresh seven-year highs while gold rose 0.8% to $1,924 per ounce as the crisis drove investors to safe-haven assets. The euro dropped vs the United States dollar, landing at the weakest point since June 2020.