invading Ukraine, could continue to weigh on global shares, adding to existing pressure from the rising rates outlook.predicted on Wednesday that Russia will make a move on Ukraine, saying a full-scale invasion would be “a disaster for Russia” but suggesting there could be a lower cost for a “minor incursion”.
The pause in Treasury yields’ march higher kept the greenback in check, with the dollar index, which measures the greenback against six major peers, edging down to 95.527 as commodity currencies benefited from high oil prices. In commodity markets, oil prices eased off elevated levels after touching their highest levels since 2014 on Wednesday on strong demand and short-term supply disruptions.
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