The Bank of Japan revealed on Wednesday that it is increasing its efforts to keep government bond yields down by buying additional government debt.
It was revealed this week that year-on-year inflation in Spain had reached 9.8%, which is the fastest increase since 1985.
The ECB Policymaker Robert Holzmann recently revealed in an interview that the central bank has to return to zero interest rates or risk higher interest rate hikes.
On Wednesday, the President of the European Central Bank Lagarde stated that the Euro Zone would face slower growth and higher inflation.
Johnson & Johnson stated on Tuesday that the company would suspend the supplies of personal care products to Russia.
This week, the government of Japan announced that it is banning all shipments of previous metals to Russia.
Survey results published on Tuesday revealed that French and German consumer confidence last month had declined more than previously forecast, as hopes of a recovery appear to have vanished.
This week, Reuters published poll results, which revealed that the markets expect a 50 base point hike on March 31 by the Czech National Bank.
This week, Bank of England Governor Andrew Bailey stated that issues with commodity market liquidity have created higher volatility and subsequent risks to the sector.
On Tuesday, the US Dollar index plummeted from high levels near 99.20 at 09:00 GMT down to the 98.10 mark by 14:00 GMT. The move was attributed to talks between Russia and Ukraine, which caused a risk on sentiment in global markets.
Tesla revealed on Monday that due to the coronavirus the company would stop production in its Shanghai factory.
This week, Hyundai Heavy Industries announced that it had appealed the European Commission's decision to block its takeover of Daewoo Shipbuilding & Marine Engineering.
On Monday, the Prime Minister of Japan Fumio Kishida ordered the government to compile emergency measures that would battle inflation.
At the start of Tuesday's UK trading hours, the stock price for Barclays plummeted almost 5.69% or 9.14 GBP. The move was caused by an anonymous investor dumping a total of 3.00% of the company's whole stock.
This week, Huawei Technologies announced that the company's profit had increased by 76% in 2021. However, the profit occurred due to the sales of assets.
The President of the New York Federal Reserve John Williams revealed last week that the US Federal Reserve could increase interest rates higher than expected in an effort to stop inflation.
The European Union has moved forward with the Digital Markets Act, which is set to regulate tech giants and set a standard for the rest of the world.
The European Central Bank has announced that EU legislators should not give EU banks exceptions to global rules that are designed to avoid a recession. Namely, there should be no deviations from Basel III rules.
On Monday, the Japanese Yen plummeted on all charts, as the Bank of Japan announced that it would buy an unlimited amount of ten year Japanese Government bonds in an effort to keep the yields of the bonds down. On the news, the USD/JPY hit a new high level.
Data published on Friday revealed that UK retail sales had declined by 0.3% month on month. In addition, consumer sentiment had been declining in the country.
On Friday, the Swiss government joined additional EU sanctions against the Russian Federation over its invasion of Ukraine.
On Friday, the United States and the European Union concluded a Liquefied Natural Gas purchase deal. Namely, the EU would purchase US gas instead of supplies from Russia. The news caused a surge of the stock prices of US gas extraction companies.
Reuters revealed this week that OPEC officials had contacted the EU to express that the ban of Russian oil exports would hurt the consumers.
This week, the European Central Bank revealed that it would decrease banking sector's access to loans by removing some collateral rules.