Any possible contact of our forces with NATO’s could lead to consequences that would be hard to correctUS exerting pressure on other countries with regards to Russia’s G20 membershipSome countries are holding their own sovereign positions despite US pressureAs things stand, Russia is insisting that

Headlines:USD/JPY extends gains as bond yields also push higherJapan finance minister says closely watching movement in yen exchange rateMoscow says that Russia-Ukraine talks are still continuingSNB reports foreign currency interventions of CHF 21.1 billion in 2021ECB’s de Guindos: We can dismiss th

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Prior 20Trends selling prices 80Prior 77UK industrial orders balance hits a joint-record high with output price expectations jumping to its highest since records began in 1975. A net balance of 80% of manufacturers in March had raised prices for domestic orders booked over the next three months, up

Would like talks to be more active and substantiveDoes not intend to make public its detailed demands to UkraineAs is the case over the past two weeks, don’t expect things to change in negotiations between both sides. There is no room for give considering the current demands, so expect the stalemate

Prior -4.0%; revised to -1.5%Construction output +4.1% y/yPrior -3.9%; revised to +0.2%That’s a solid bounce, alongside a sharp revision higher to the December figures. Of note, building construction increased by 4.2% and
civil engineering by 1.4% in January. In any case, this is very much a lagging

Headlines:Ukraine reaffirms rejection of Russian proposal to surrender in MariupolMoscow says that there is still no basis for possible Putin-Zelensky meetingDutch PM Rutte: EU too dependent on Russian oil and gas to cut it off tomorrowChina Eastern Airlines has grounded all of its Boeing 737-800 ai

This relates to the accident involving flight MU5735 earlier here. Officials are still investigating the accident so this move is likely just a precautionary measure, as it should be for the time being.For added context, the latest crash today puts an end to the decade-long safety record for China’s

China is showing that it is willing to take action to try and bolster economic confidence after the latest COVID-19 lockdowns have thrown a bit of a curveball to the outlook.China’s cabinet is also out saying that they are to deploy comprehensive policies to stabilise market expectations and maintai

German economy to be measurably hurt by Russia-Ukraine war, starting from MarchSupply chain problems to worsen as a resultHigher energy prices to dampen German household consumption, industrial outputGerman economic rebound in Q2 will be much weaker than expectedGerman inflation to rise further due