Brent crude is now up almost 20% on the week, while everything from coal to natural gas and aluminium are on fire as Western nations tighten sanctions on Russia.
The rush to commodities lifted resource-rich Australian stocks 0.9%, while Indonesia was just off a record high. Fitch slashed Russia’s sovereign credit rating six notches to “junk” status, saying it was uncertain the country could service its debt, and Moody’s soon followed.EUROSTOXX 50 futures slipped 0.5%, and analysts at JP Morgan had a stark warning for clients.
European bonds also surrendered some of their recent hefty gains after data showed euro zone inflation hit a record high of 5.8% in January, making it harder for the ECB to keep policy super loose.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Asian stocks steady as traders watch UkraineMarkets pause on Tuesday, after days of volatility, with Asian shares inching higher and gold slipping slightly
Source: BDliveSA - 🏆 12. / 63 Read more »
Home - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.SABC News brings you the latest news from around South Africa and the world, together with multimedia from the SABC's four TV and 18 radio stations. Even colour printer is finished ✅, Covid gone. Hope the expiring vax will be disposed properly Kanti isekhona I covid? Bengithi uPutin uyiqedile. Im a former carpenter I got retrenched in 2020. Im struggling to find employment. My children often cry themselves to sleep because they sleep hungry😭. I don't feel like a man because of that💔. I ask for any food nearing their expiry date🙏🏻
Source: SABCNews - 🏆 37. / 51 Read more »
3 South African Cybersecurity Companies You Should Probably Know About - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsCybersecurity involves the application of technologies, processes and controls to protect systems, networks, programmes, and data from cyber-attacks. Many establishments across the world, including, schools, banks, and hospitals rely heavily on cybersecurity services to protect their data and be safe from cyber-attacks. Everyone who has a computer or access to the internet must at some […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »