(Bloomberg)
Traders are adding bets on an outsized interest-rate increase in South Africa later this month as the surge in the price of crude oil fuels inflation expectations.
Traders piled into options that oil could surge even further after rising to the highest since 2008, with some even placing low-cost bets that futures will rise above $200 before the end of March.
(Bloomberg) Some East European nations are dipping into their international reserves to prop up currencies hit by the fallout from Russia’s invasion of Ukraine.
(Bloomberg) A Russian telecommunications company will be the first to answer a pressing question from global investors: will Russian companies continue servicing their foreign-currency bonds.
Search engine Yandex NV, the group’s entity based in The Netherlands, is due to pay a $4.
(Bloomberg) The conflict in Ukraine is sparking renewed jitters about tensions between China and Taiwan, and the worries are showing up in the island’s assets.