Monthly Archives - March 2022

Wall St fall on mixed signs from Russia: ASX to open higher

14 Mar 2022 - Asian markets & the ASX closed mixed after investors digested hot US inflation figures and the hawkish tilt from the European Central Bank. European markets rallied on optimism from the Kremlin on a "certain positive shift" in talks with Ukraine. Wall St fell as investors questioned President Putin's words over his actions amid hot inflation, weighing down on consumer sentiment.

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Wall St falls on failed peace talk, Inflation risk weighs on both Fed & ECB: ASX to drop

11 Mar 2022 - Wall St & European markets fell after talks between the Russian and Ukrainian foreign ministers failed to ceasefire, crushing hopes of a neutrality. Investors digested the latest inflation data hitting fresh 40-year highs, while hawkish ECB comments tipped Euro shares over. Asian stocks and ASX tracked the Wall St's prior rally.

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