Nord Stream 2 owner reportedly considers insolvency after pipeline halt, sanctions 5 (1)

For some context, North Stream 2 AG is registered in Switzerland and owned by Russian gas giant Gazprom. The firm is said to be considering filing for insolvency, as it attempts to settle claims ahead of a US sanction deadline for other entities to stop dealings with it.That just adds more drama to

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10-year German bund yields return to negative territory after a month 5 (1)

Of note, 10-year bund yields are down by close to 16 bps and that would mark the biggest daily fall since 2016. As rates are tumbling across the board, we’re seeing more of a bid in gold as price climbs up by 0.9% to $1,925 currently.
Markets are starting to get back into a bit of the jittery m

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10-year Treasury yields fall to fresh one-month low 5 (1)

As the Russian invasion of Ukraine continues, we are seeing flows continue to flow back into bonds – with markets also perhaps getting less certain about rate hike cycle prospects in general. Treasuries are seeing fresh bids in European morning trade and that has seen 10-year yields slump to a o

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ECB’s Panetta: It would be unwise to pre-commit on future policy steps 0 (0)

Should take moderate, careful steps in adjusting policySo as to not suffocate the as of yet incomplete recoveryThere is a case for central bank to accompany the recovery with a light touchInflation outlook has pitfalls on both sidesNeed to be certain that removing accommodation will not trigger mark

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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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