Russian's invasion of Ukraine has caused markets to swing wildly, given the potential impact on inflation, energy supplies and other economic repercussions
Russia's central bank and private sector have almost $1 trn of liquid wealth, with a much larger share of this held in US dollars than most people realise, says a Credit Suisse strategist
S&P 500 futures were up 0.55% in Asian trade, after U.S. President Joe Biden left the door open to diplomacy as he announced sanctions on two Russian banks and some elites close to President Vladimir
Participants would be keenly tracking the geopolitical developments regarding Russia-Ukraine tensions, which have been weighing on global sentiment for the past few weeks
World stocks crept higher on Wednesday, while assets such as government bonds and gold lost ground, despite Western doubt of Russian claims of troops pullback from Ukraine's borders.
LONDON (Reuters) - European stocks opened slightly higher on Tuesday, the dollar eased and gold was just below an 8-month high as investors remained focused on the risk of Russia invading Ukraine.
The domestic market remained in the red for the second straight session after witnessing a massive sell-off on Friday
European stocks fall 2.6%, Nikkei down 2.2% as US warns Russia could invade Ukraine at any time; Brent rises above $95 barrel before stalling
Europe's STOXX 600 was down 0.9%, Nasdaq and S&P 500 futures were down 0.7% and 0.5% respectively
European stocks were mostly higher or unchanged on the day, while U.S. futures pointed to small declines at the open on Wall Street
The pan-European STOXX 600 climbed almost 1.5%. In Asia, where MSCI's broadest index of Asia-Pacific shares outside Japan rose 1.5% to a two-week high and the blue-chip Nikkei closed 1.08% higher
MSCI's broadest index of Asia-Pacific shares outside Japan added 1.5% to its highest in two weeks, helped by a 3.8% gain in Hong Kong-listed tech stocks
MSCI's broadest index of Asia-Pacific shares outside Japan was unchanged, after sharp losses earlier in the week
Excessive volatility is likely to continue for a few more days until clarity emerges from the crucial US Fed meeting. The market is discounting a hawkish Fed, analysts said
MSCI's gauge of stocks across the globe shed 0.15%, while the pan-European STOXX 600 index rose 0.15%.
Back home, India has logged 653 cases of the Omicron variant of coronavirus across 21 states and Union Territories so far. Of this, 186 have recovered or migrated, official data suggested on Tuesday
The recent FII outflows can also be viewed as a year-end phenomenon and a possible knee-jerk reaction to recent events, Bhave said
Nestle sold 22.3 million shares of Clichy, France-based L'Oreal, for €400 each
European shares and U.S. stock futures firmed, oil prices bounced more than $3 a barrel
MSCI's broadest index of Asia-Pacific shares outside Japan fell 1.3%, its sharpest drop since September. Casino and beverage shares sold off in Hong Kong, and travel stocks dropped in Sydney.