Pavan Sharma

Global markets were mixed overnight, as US Markets (S&P 500 Index, +1.4%) rebounded from the previous sessions losses.

Global markets were lower overnight, with US Markets (S&P 500 Index -1.2%) down as Russia-Ukraine conflict and geopolitical tensions caused Brent crude oil to advance more than +5% to $121/barrel – after Putin demanded “unfriendly countries” pay for Russian oil and gas in Russian Roubles.

Global markets were higher overnight, with US Markets (S&P 500 Index, +1.1%) rising as investors took a more risk-on approach, despite bond yields rising another 6 basis points to 2.38% following the Fed’s hawkish comments on Monday. Goldman Sachs has come out and forecast a 0.5% interest rate hike at the next 2 Fed meetings.

Global markets were choppy overnight, with US Markets (S&P 500 Index -0.04%) ending a touch lower, clawing back earlier losses as markets take a breather following last week’s rally.

Global markets were up on Friday, with US markets (S&P 500 Index, +1.2%) marking the fourth positive day in a row, capping off a strong weekly rebound (+6.1%, the best weekly performance since November 2020 up +6.1%).