Headlines:USD/JPY retreats from over six-year highsChina’s third largest developer unable to make two bond payments amid liquidity pressureEU’s von der Leyen: Under the deal, US LNG will replace that of Russia’sGermany March Ifo business climate index 90.8 vs 94.2 expectedGermany says hopes to halve

There isn’t much going on in the session as risk tones are also seen fluctuating a little in European morning trade.Equities were little changed earlier but are now keeping fairly more positive, with European indices up around 0.4% to 0.5% while US futures are up by 0.2% on the day. The changes are

The firm says that it is unable to make payments on two bonds due early April due to liquidity pressure and that it is discussing repayment extension with creditors soon. The full release can be found here.The domino effect continues ever since the Evergrande saga and this will continue to keep pres

Biden and von der Leyen are both speaking at the moment to formalise the announcement.The deal will see US provide an additional 15 bcm of LNG to allow for Europe to quickly curb its reliance on Russian fossil fuels. von der Leyen adds that Europe will work towards ensuring stable demand for additio