Msci Stock News

Rabobank: The Ukraine War Is Still Not Priced In By Michael Every of Rabobank On 25 January in ‘ The Ukraine Metacrisis ’ we argued “Despite the lack of market concern until very recently,…there is a serious risk of a serious war over Ukraine…. we underline this is part of a larger metacrisis that will prompt shifts in the global architecture, creating far greater economic, financial, and geopolitical volatility longer term.” On 7 March, markets finally started to get that message. Commodities went through the roof again: oil surged, and is surely heading to new record highs over $147 per barrel; natural gas surged, with Europe’s front-month TTF contract at one point hitting the equivalent of $600 per barrel oil(!) – and Russia is now suggesting it may shut down NordStream 1 (not 2); metals surged, and nickel went up 82% on the day, along with Twitter rumours of a huge hit taken from being short; certainly liquidity is evaporating in commodities markets as mark-to-market margin calls are being made; soft commodities surged – and wheat was limit up once again; and as industry expert @JLinvilleFert tweeted, “If this fertilizer market feels different, that is because it is.

MSCI''s broadest index of Asia-Pacific shares outside Japan lost 0.4% in early trade, tracking a bruising Wall Street session. Japan''s Nikkei sank 0.3% while Australian shares were down 0.24% amid a sea of red across Asian markets. Chinese blue chips shed 0.15% while Hong Kong''s Hang Seng index rose 0.39% .

MSCI''s broadest index of Asia-Pacific shares outside Japan lost 0.4% in early trade, tracking a bruising Wall Street session. Japan''s Nikkei sank 0.3% while Australian shares were down 0.24% amid a sea of red across Asian markets.

NEW YORK, USA – Oil and other commodities prices soared while global shares tanked on Monday, March 7, as the United States said it was willing to ban Russian oil imports, stoking investor fears over inflation and slowing economic growth. Brent, the international benchmark, briefly hit more than $139 a barrel , its highest level since 2008. Nickel prices rocketed 90%, gold broke through $2,000 an ounce, and wheat jumped to a 14-year high , as industrial buyers and traders scrambled amid supply disruptions linked to Russia’s invasion of Ukraine . Eurozone real government bond yields fell sharply as surging energy prices fueled concerns that global economies are at risk of stagflation , a condition in which prices soar while growth stagnates. Germany’s 10-year and 30-year inflation-linked government bond yields fell to new record lows, while the benchmark US 10-year Treasury yield rose slightly after touching its lowest level in two months. Wall Street’s main indexes fell sharply, with the Nasdaq Composite confirming it was in a bear market, and the pan-European STOXX 600 index cut losses of around 3% to close at a near one-year low.

Rabobank: Escalation Upon Escalation By Michael Every of Rabobank Wars can escalate fast. Look where we are today and were we were 14 days ago. Where will we be 14 days from now? Russia continues to press on into Ukraine . However, it is suffering huge losses, allegedly now 11,000 men, and does not appear able to hold the vast new territory it ‘controls’. So, Russian artillery are making parts of Ukraine look like Grozny in 1999: but what good is this economically to Russia once it holds it? Putin also now states “ Today''s (Ukrainian) leadership needs to understand that if they keep doing what they are doing… they will put into question Ukraine''s future as a country ." How is a flattened, embittered land of 44 million to sit in Russia’s belly? Or is there an even darker meaning? Sadly, logic still points towards even greater escalation. Russia is showing no sign of backing off under Western pressure to date. The Kremlin, via its propaganda, is seemingly rallying much of the country behind its campaign, and we have a new sinister symbol “Z” (for “za”, meaning ‘for’ as well as “zapad”, meaning ‘West’) to publicly show support for the war.

Style Box ETF report for VOT

Asian stocks dropped three percent in morning trade Monday on concern over the war in Ukraine and as crude oil prices neared an all-time high. MSCI''s index of Asia-Pacific shares outside Japan was down by 2.41 per cent.

Japan''s Nikkei has sunk 1.9 per cent, while MSCI''s broadest index of Asia-Pacific shares outside Japan lost 0.3 per cent.

Major index providers MSCI and FTSE Russell have dropped Russian stocks from all equity benchmarks citing ‘uninvestable’ conditions with decisions still pending on bond exclusions. Both MSCI and FTSE Russell announced the index changes following moves by the Russian stock exchange and central bank that effectively prevented non-resident access to markets. Russia shares exit the… [Read More...]