Month: March 2022

Reuters first to report Russia hikes rates; market reacts

Reuters was first to report that Russia’s central bank more than doubled its key policy rate on Monday and introduced some capital controls, as it scrambled to shield the economy from unprecedented Western sanctions that had sent the rouble tumbling to record lows. The main interest rate will rise to 20%, its highest this century, […]
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Reuters first to report Russia’s Putin authorizes ‘special military operation’ against Ukraine; market reacts

Reuters was first to report that Vladimir Putin had authorized a ‘special military operation’ against Ukraine on Thursday morning to eliminate what he called a serious threat, saying his aim was to demilitarize Russia’s southern neighbor. Stock markets around the world were hit hard. Oil jumped above $100 for the first time since 2014, and […]
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Reuters exclusively reports German debt office acts to ease bond shortage after ECB, Ukraine crisis; market reacts

Reuters exclusively reported that Germany’s finance agency has stepped in to ease a bond shortage that developed in the overnight lending market in a sign of stress, following the European Central Bank’s hawkish pivot and more recently the Ukraine-Russia crisis. A deepening scarcity of German government bonds, widely used as collateral against repo loans, had […]
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Reuters exclusively reports India makes record U.S. soyoil purchases as drought parches South America; market reacts

Reuters exclusively reported that Indian traders have contracted to import a record 100,000 tonnes of soyoil from the United States because of limited supplies from drought-hit South America, at a time when prices of rival palm oil are scaling record highs. The higher purchases from the United States are expected to support U.S. soy oil prices, […]
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Reuters first to report European regulators tell banks to prepare for Russian cyberattack threat

Reuters was first to report that the European Central Bank (ECB) was preparing banks for a possible Russian-sponsored cyberattack as tensions with Ukraine mount. The stand-off between Russia and Ukraine has rattled Europe’s political and business leaders, who fear an invasion that would inflict damage on the entire region. The report was confirmed the following […]
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