Tag: forecast

(7 March 2022) Stock markets remained volatile to start the week as the ongoing Russia-Ukraine war has seen oil and agricultural prices surge to multi-year highs.  The prospect of major supply interruptions and onerous Western sanctions has seen crude oil trade above $120 while wheat futures have risen 75% above their January level.  Putin's invasion of Ukraine has been an unwelcome shock to the financial system as the already elevated rate of inflation threatens to explode even higher.  This puts the Fed in a very difficult place ahead...