Russia-Ukraine conflict continues for a fourth week with no sign of a ceasefire. Headlines around Ukraine could continue to create volatility in the coming week.
Category: Features
On Wednesday, attention turns to the U.S Federal Reserve, which is expected to lift interest rates for the first time since 2018 to offset rising inflation.
Worries about rising infection numbers and risks to the fragile global economic recovery made global markets cautious.
Fresh positive news from promising vaccine trials offset concerns around the stubbornly high global infection rate and tighter restrictions.
Risk appetite in currency markets eased, as rising COVID-19 hospitalisations in Europe and the United States tempered euphoria about a possible vaccine.