
Morning Bid: “What a mess”
Global markets surged overnight as traders hailed China’s pledge to support its economy, chased an elusive breakthrough for a ceasefire in Ukraine and saluted a hawkish interest rate lift-off by the U.S. Federal Reserve.

Global markets surged overnight as traders hailed China’s pledge to support its economy, chased an elusive breakthrough for a ceasefire in Ukraine and saluted a hawkish interest rate lift-off by the U.S. Federal Reserve.

Global stocks clung to their gains for the week on Friday but a heady cocktail of rising interest rates, high oil prices and no end to war in Ukraine kept a lid on the rebound as yields sent a warning signal for the economy.

Boeing Co (BA.N) is edging towards a landmark order from Delta Air Lines (DAL.N) for up to 100 of its 737 MAX 10 jets, a model it is battling in separate talks to get approved before year-end rule changes, people familiar with the matter said.

Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of volatility seen in commodities in recent weeks could hit other markets.

The Bank of England raised interest rates on Thursday for a third meeting running, as expected, but softened its language on the need for further increases from here.

Russia has set out strict rules for foreigners seeking permits to buy and sell Russian securities and real estate, a client memo by Citigroup (C.N) showed, as details emerge of new state controls on investment in response to Western sanctions.

SPACs are turning to costly new tactics to keep investors from jumping ship as market confidence wanes in the once red-hot alternative to IPOs.
FRANKFURT/MADRID, March 15 (Reuters) – European Union regulators have told

Russia is due to pay $117 million in interest on two dollar-denominated sovereign bonds on Wednesday – the first such payments since its invasion of Ukraine which sparked a raft of sanctions from Western capitals and countermeasures from Moscow.

The economic cost of Russia’s assault on Ukraine was further exposed on Wednesday as the sanctions-hit country teetered on the brink of its first default on international debt since the Bolshevik revolution.

Global markets surged overnight as traders hailed China’s pledge to support its economy, chased an elusive breakthrough for a ceasefire in Ukraine and saluted a hawkish interest rate lift-off by the U.S. Federal Reserve.

Global stocks clung to their gains for the week on Friday but a heady cocktail of rising interest rates, high oil prices and no end to war in Ukraine kept a lid on the rebound as yields sent a warning signal for the economy.

Boeing Co (BA.N) is edging towards a landmark order from Delta Air Lines (DAL.N) for up to 100 of its 737 MAX 10 jets, a model it is battling in separate talks to get approved before year-end rule changes, people familiar with the matter said.

Wild swings in asset prices following Russia’s invasion of Ukraine are prompting some investors to pare risk in their portfolios, fearing that the type of volatility seen in commodities in recent weeks could hit other markets.

The Bank of England raised interest rates on Thursday for a third meeting running, as expected, but softened its language on the need for further increases from here.

Russia has set out strict rules for foreigners seeking permits to buy and sell Russian securities and real estate, a client memo by Citigroup (C.N) showed, as details emerge of new state controls on investment in response to Western sanctions.

SPACs are turning to costly new tactics to keep investors from jumping ship as market confidence wanes in the once red-hot alternative to IPOs.
FRANKFURT/MADRID, March 15 (Reuters) – European Union regulators have told

Russia is due to pay $117 million in interest on two dollar-denominated sovereign bonds on Wednesday – the first such payments since its invasion of Ukraine which sparked a raft of sanctions from Western capitals and countermeasures from Moscow.

The economic cost of Russia’s assault on Ukraine was further exposed on Wednesday as the sanctions-hit country teetered on the brink of its first default on international debt since the Bolshevik revolution.
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