That ties to what Lavrov was touting earlier here. At this point, I think risk assets would rather be there the prospect of talks and not actual talks taking place itself. In my opinion, I don’t think either side will concede anything on talks so if anything, it risks a communication breakdown. But

Prior -13.1%Market index vs 466.4 priorPurchase index vs 250.7 priorRefinancing index vs 1,677.7 prior30-year mortgage rate vs 4.06% prior

But first thing’s first, the exclusion does not cover Sberbank and Gazprombank – both of which are main channels for payments for Russian oil and gas, in which EU countries are still buying despite the ongoing conflict.The seven banks in question instead are Russia’s second largest bank, VTB, alongs

Eurozone inflation in February has been a negative surprise
Russian invasion of Ukraine will have implications, ECB ye to fully assess them
The most significant risks are energy shocks

Just look at oil and energy prices today and you’ll get the gist. It’s going to be a painful pill to

The bloc is largely expected to stick with the existing plan for a 400k bpd oil output increase in April, so they will likely recommend that and move on to the ministerial meeting right after. The JMMC meeting was scheduled for 1130 GMT earlier but has been pushed to 1200 GMT now.

It’s a case of staring at each other and waiting for someone to make the first move, with Russia claiming that the Ukraine side is being the one not wanting to come to the negotiating table. This also further invalidates earlier reports that talks could be possible some time at the end of this week.

EU must prove that it is with usWe are striving for Europe to choose for UkraineSuch remarks won’t go down too well with the Russian camp I’m sure, especially after he signed an application to join the EU after the first round of peace talks failed to produce any agreements.

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

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

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