Japan -2.79%. Japan is contemplating banning imports of Russian oil.
China -1.97% China January-February exports +13.6% y/y. Imports +12.9% y/y.
Hong Kong -3.33%.
Australia -1.02%. Australian knowledge – ANZ Job Ads (February) +8.4% m/m (prior -0.7%).
Australia knowledge – February companies PMI rockets to 60; January was stable at 56.2, improved additional in Feb because the Omicron wave ebbed additional.
South Korea will is suspending transactions with Russia’s central financial institution, joins be a part of the US and others in not coping with the Central Financial institution of the Russian Federation.
Replace on Russian invasion of Ukraine: US press report over 17,000 antitank weapons arrived for Ukraine forces in beneath per week, weapons equipped by the US and NATO to Ukrainians preventing the Russian invasion.
The UK Occasions studies that Russia’s army has been ‘decimated’ in Ukraine and it’s not inevitable that it’ll reach taking on Ukraine.
Oil costs soared within the morning of Asia buying and selling hours on Monday, with worldwide benchmark Brent crude futures up 8.63% to $128.30 per barrel. U.S. crude futures additionally surged 7.33% to $124.16 per barrel.
The sharp rise in oil costs, which already not too long ago spiked, got here after U.S. Secretary of State Antony Blinken mentioned Sunday Washington and its allies are contemplating banning Russian oil and pure fuel imports.
U.S. futures decrease. Dow Jones -0.93%; S&P 500 -1.21%; Nasdaq -1.66%.
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