SINGAPORE – As the battle in Ukraine entered its first month final week, buyers had been getting ready to just accept that this could possibly be one other extended and messy regional battle, albeit impacting world power and commodity markets.
Instead, consideration switched to the US Federal Reserve, whose chairman Jerome Powell stated he was ready to lift the important thing US lending charge by 50 foundation factors (bps), slightly than simply 25 bps on the subsequent assembly.
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The post Stocks to eye inflation, oil readings this week first appeared on Umorr.
