ECB’s Centeno: ECB needs to be open-minded in March meeting 0 (0)

Can’t rule out stagflation after Russian attackWar will delay second-round effects in euro areaMonetary policy must be gradual, patientMove towards neutral stance is necessitated and welcomeJust some token remarks. We’re yet to see any firm communique by the ECB ahead of next month’s meeting and giv

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Toyota reportedly to halt all Japan factories on 1 March 0 (0)

This is due to a cyberattack with Toyota supplier, Kojima Press, believed to be the main target. A spokesperson for Toyota has said that the firm is still checking a report on domestic factory operation suspension and studying if they can restart the plants on 2 March if possible.Well, this isn’t go

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EU, US & allies have agreed to cut off a number of Russian banks from Swift 5 (1)

A number of Russian banks have been removed from SWIFT:

The banks affected are „all those already sanctioned by the international community, as well as other institutions, if necessary“

Assets of the Bank of Russia (Russia’s central bank) will also be frozen. 
A joint statement after agreemen

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Forexlive Americas FX news wrap: Stocks put together back to back gains despite shaky time 0 (0)

US stocks put together back-to-back up days to end week. S&P and Nasdaq close week higher
Gold trades lower on the week
Crude oil settles the week at $91.59 and that is lower on the week
Dallas Fed trimmed mean PCE inflation 3.5% vs 3.1% prior
Baker Hughes oil rig count up 2 to

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US stocks put together back-to-back up days to end week. S&P and Nasdaq close week higher 0 (0)

The major indices have put together back-to-back up days with the Dow leading the way and having it’s best day in 2022. The gains come despite risk of more unrest in Ukraine as Russia surrounds the capital city of Kyiv.The final numbers are showing:Dow industrial average closed up 834.92 points or 2

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