In Asian Equity Markets stocks rose to their highest in more than a month on Tuesday, underpinned by a broad recovery on Wall Street while the euro was stuck near a one-week low against the dollar amid talk of more sanctions against Moscow. MSCI’s broadest index of Asia-Pacific shares outside Japan built on early gains and advanced 0.3 percent to 602.2, the strongest since Feb. 24. Japan’s Nikkei edged up 0.16 percent, the S&P/ASX 200 index rose 0.2 percent, while South Korean stocks added 0.1 percent. Markets in mainland China and Hong Kong were closed for a public holiday on Tuesday.

In Currency Markets the Australian dollar jumped to a nine-month high on Tuesday after the country’s central bank signalled higher interest rates were closer, while the euro languished near a one-week low amid talk of more sanctions against Russia. The Aussie was up 0.81 percent at $0.7603. The euro’s woes boosted the dollar index, which held near a one-week high of 99.083 reached overnight. It last stood at 99.012. However, the dollar weakened 0.17 perccent to 122.55 yen. The euro was little changed at $1.09645 after falling as low as $1.0960 in the previous session for the first time since March 28.

In US Equity Markets main indexes rose on Monday, boosted by megacap tech and growth stocks and a rise in Twitter after Elon Musk revealed his stake in the company, amid cautionary signals in the bond market and talk of more sanctions against Russia over Ukraine. The Dow rose 0.3 percent, to 34,921.88, the S&P 500 gained 0.81 percent, at 4,582.64 and the Nasdaq Composite added 1.9 percent, at 14,532.55. In company news, Starbucks Corp shares fell 3.7 percent after former CEO Howard Schultz announced the suspension of the company’s stock repurchasing program.

In Commodities Markets oil prices jumped over 3 percent on Monday, with investors worried about tighter supply as mounting civilian deaths in Ukraine increased pressure on European countries to impose sanctions on Russia’s energy sector. Global benchmark Brent crude jumped 3 percent, to settle at $107.53 a barrel. U.S. WTI crude rose 4 percent, to settle at $103.28 a barrel. Spot gold was up 0.4 percent at $1,932.78 per ounce. Among other precious metals, spot silver fell 0.4 percent to $24.52 per ounce, platinum fell 0.1 percent to $984.49, and palladium was up 0.3 percent to $2,283.78.

In European Equity Markets stocks gained on Monday with tech stocks rallying more than 2 percent, while investors kept an eye out for more Western sanctions after Ukraine accused Russia of war crimes. The pan-European STOXX 600 index firmed 0.8 percent, with tech stocks jumping 2.1 percent. France’s blue-chip CAC 40 added 0.7 percent on the day. Meanwhile, travel stocks including Wizz Air and Deutsche Lufthansa fell 0.1 percent each after EasyJet cancelled hundreds of flights due to staff sickness amid a fresh increase of COVID-19. EasyJet fell 0.2 percent.

In Bond Markets the benchmark U.S. 10-year Treasury yield ticked up on Monday and the 2-year/10-year yield curve remained inverted, as a lack of major economic news left traders without many clues to act on. The yield on 10-year Treasury notes was up 3.5 basis points to 2.410 percent while the 2-year note yield was down 0.8 basis points at 2.424 percent, leaving the 2-10 curve at -1.6 basis points after earlier brushing against -10 bps. The breakeven rate on five-year U.S. Treasury Inflation-Protected Securities (TIPS) was last at 3.226 percent, after closing at 3.238 percent on Friday.

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