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Euro weakens, rouble slumps as sanctions piled on Russia
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From euro to EM: Russia’s Ukraine war upends market bets
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Euro crawls back as market weighs impact of sanctions, invasion
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Dollar surges as Russia invades Ukraine
Sterling falls to 2-month low versus dollar, biggest drop since March 2020
Date: February 24, 2022
By Stefano Rebaudo (Reuters) -Sterling crashed against a surging dollar in its worst day since March 2020 as investors rushed into safe-haven assets after Russian forces invaded Ukraine. Missiles rained down. Ukraine reported columns of troops pouring across its borders from Russia and Belarus and landing on the coast from the Black and Azov seas....
Russian rouble plummets 3%, bonds hammered as Ukraine declares state of emergency
Date: February 24, 2022
By Alexander Marrow MOSCOW (Reuters) -The Russian rouble slumped on Wednesday, diving around 3% to hit a near two-year low past 81 to the dollar as Ukraine declared a state of emergency, with sanctions and invasion fears hammering Russian bonds and stocks. Western nations responded to President Vladimir Putin’s recognition of separatist enclaves in the...
Equities tumble and U.S. dollar rises as Russia/ Ukraine fears escalate
Date: February 24, 2022
By Sinéad Carew NEW YORK (Reuters) -Investors around the world lost their appetite for risk on Wednesday, with stocks selling off and the U.S. dollar gaining some ground as Ukraine declared a state of emergency amid intensifying fears of a full-scale Russian invasion. Trading in many asset classes has been volatile since Russian President Vladimir...
WTO reschedules ministerial, now set for June
Date: February 24, 2022
GENEVA (Reuters) – Trade ministers are now due to convene for the first time in more than four years in June, the World Trade Organization said on Wednesday, announcing the latest dates for a meeting that aims to break deadlocks on issues from fishing subsidies to intellectual property rights for vaccines. In late November, the WTO was forced to...
Stocks dive, oil jumps above $100 as Russia invades Ukraine
Date: February 24, 2022
By Marc Jones LONDON (Reuters) – Oil prices broke above $100 a barrel for the first time since 2014, stock markets slumped and the rouble hit a record low on Thursday after Russian President Vladimir Putin launched an invasion of Ukraine. Markets displayed all the predictable reactions. Europe’s , main stock markets opened 2.5%-4% lower...
London-listed Coca-Cola HBC readies Russia contingencies as profits rise
Date: February 23, 2022
By Amna Karimi (Reuters) – Coca-Cola HBC said on Tuesday it had contingency plans to cope with the escalating Russia-Ukraine crisis, as the London-listed soft drinks bottler reported a surge in annual profit driven in part by its large Russian business. It shares tumbled 7% in early trade. The company, one of Coca-Cola’s many bottlers worldwide,...