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India and Iceland hike rates in session citing inflation

EU Mid-Market Update: EU details the 6th round of Russian sanctions; India and Iceland hike rates in session citing inflation; focus on FOMC decision.

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Norges delivers another rate hike, focus turns to various EU meetings on Ukraine

- EU Leaders, NATO and G7 all meeting today; EU Council's summit might bring a new round of sanctions against Russia. - Norway Central Bank continued

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Super Thursday of rate decisons

- Plethora of rate decisions that highlight the divergence of central bank policies (Norges hikes by 25bps; SNB, Taiwan, Philippines, Indonesia hold);

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Virus concerns and upcoming central bank meetings in focus

- According to South African 3-week study based on

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Olaf Scholz formally approved as chancellor of Germany

- EU session quiet (Note: public holiday in Austria, Italy, Malta, Portugal and Spain for Immaculate Conception but markets are open. - German Parliam

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