INSUBCONTINENT EXCLUSIVE:
All major indices of global markets have been impacted due to Russia's attack on UkraineLONDON: Russia launched a full-scale invasion of
Ukraine this week, sparking a slew of sanctions and turmoil in global financial markets.Below are six charts showing the week's dramatic
moves in financial markets:ENERGY SURGEFears of a potential supply disruption on oil markets from the war in Ukraine saw crude prices surge
above $100 a barrel for the first time since 2014, with Brent touching $105
specifically targeted Russia's oil and gas flows, top buyers of Russian oil were struggling to secure guarantees at Western banks or find
whose payouts rise in line with inflation.That has sent real yields - borrowing costs after adjusting for inflation - sharply lower, while
so-called breakevens, indicating where markets see future inflation, rose sharply.Essentially, that implies belief that central banks may
have to go slower than earlier forecast with interest rate rises to battle inflation as economic growth also takes a hit.Yields on
In Germany, vulnerable to surging European gas prices, two-year real yields slumped around 30 bps and break evens rose as high as 3.7 per
rout wiped nearly $1 trillion off the value of the global stock market and accelerated a drop in the major indexes that has come this year
MSCI's Russia index crashed 38 per cent
Analysts estimate that it was one of the top three stock market crashes of all time.UKRAINE DRAINUkraine was hit just as hard
Its currency and government bonds crashed violently, with investors wondering whether the country would be able to avoid another sovereign
oilseed supplies from the conflict between Russia and Ukraine - two of the world's biggest exporters.Interruption to the supply out of the
Black Sea region will put pressure on prices and further drive up food inflation at a time when affordability is a major concern across the
globe following the economic damage caused by the COVID-19 pandemic.Ukraine's military on Thursday suspended commercial shipping at its
ports after Russian forces invaded the country
Russia earlier ordered the Azov Sea closed to the movement of commercial vessels until further notice, but kept Russian ports in the Black