Forex calendar:📅
• Tuesday: Housing Starts; $WMT $LOW $XPEV Earnings
• Wednesday: $NVDA $PANW $SNOW $TGT $TJX $NIO Earnings
• Thursday: Jobless Claims, Philly Mfg. Survey, Existing Home Sales; $DE $GAP Earnings
• Friday: Mfg., Services PMIs, Consumer Sentiment
- Stocks slumped, with European equities shedding 1%, and global bonds climbed on worries over the latest escalation in Russia’s war against Ukraine.
- S&P 500 futures dipped 0.5%. The yield on 10-year Treasuries fell seven basis points to 4.34%. The moves were steeper in Europe, with German bond yields dropping to the lowest since October.
- Markets were rattled by news that President Vladimir Putin is pushing ahead with a nuclear doctrine that allows Russia to expand use of atomic weapons — an announcement that comes just days after the US gave Ukraine limited permission for long-range missile strikes on Russian territory.
- #Bitcoin is back in the vicinity of an all-time high, climbing above $92,000. The digital asset has been supported by a series of developments highlighting the deepening embrace of the digital-asset industry by Trump.
