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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%).

Global markets were up overnight, as US Markets (S&P 500 Index, +1.2%) initially started in the red but charged higher for the remainder of the day, marking the third day in the green as investors remain comfortable with the Fed’s rate hike plan. 

Global markets rebounded overnight, with US Markets (S&P 500 Index +2.2%) charging higher after an initial decline. Stocks rebounded in the final hour of trading as investors digested the Fed’s hawkish tone which was seen as helping the economy over the long term by lowering inflation.