Russia slips into sovereign default zone after deadline passes G7 unveils latest sanctions package against Moscow Rouble loses 2 vs dollar in early trade, pares losses to gain Russia39;s OFZ treasury bond yields at lowest since early 2022 This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine […]

LONDON, June 27 Reuters Copper prices fell on Monday as fears of a global recession, inflation and higher interest rates dominated the mood, but sentiment was supported by top consumer China relaxing some COVID restrictions. Benchmark copper on the London Metal Exchange traded 0.3 lower at 8,356 a tonne in official rings. Prices of the […]

SINGAPORE, June 27 Reuters The dollar and Japanese yen both found support in a choppy Asia session on Monday, benefiting from a bid for safety as investors worried rising interest rates and softening economic data could signal a global recession is on the horizon. While stocks followed Wall Street higher, currency traders were wary of […]

FTSE 100 up 0.4, FTSE 250 adds 0.3 June 27 Reuters UK39;s FTSE 100 rose on Monday, as an easing of COVID19 restrictions in China brought relief to commodity prices, lifting shares of major oil and mining companies. The commodityheavy FTSE 100 was up 0.4, as of 0704 GMT, while midcap FTSE 250 index edged 0.3 higher. […]

Rates as of 0500 GMT Market Recap CAD was the big mover since Friday morning. It fell through 1.29 again as oil prices firmed. Of course, that begs another question why today? Why is USDCAD following oil today when it doesnt necessarily follow it every day? Its not because of rate spreads, which moved in […]