1st March 2022 Morning Report

Tuesday 1st March 2022

US markets closed lower on Monday as investors keep monitoring the developments between Russia and Ukraine and the sanctions from the West getting worse, including removing select Russian banks from SWIFT.

The Dow Jones Industrial Average closed down 1.56%, while the S&P 500 and Nasdaq Composite were down 1.40% and 0.94%, respectively.

Other key markets ended mixed. European stocks closed as follows: the FTSE100 (-0.42%), the Dax 30 (-0.73%), CAC 40 (-1.39%) and the STOXX (-1.17%). In Asia, the Hang Seng and Shanghai indices ended mixed. The key Asian indices ended yesterday as follows: Nikkei 225(+0.19%), HSI (-0.24%) and the Shanghai Composite (+0.32%).

The yield on the US 10 - year note was at 1.834%, while the 2 - year note was at 1.432%. Oil was up to $101.10 per barrel, up 3.24%. The gold price was at US$1905.87 per ounce, up 0.89%.

Morning Report 1 March 2022

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