On Friday, the European Union adopted new sanctions on Russia, among which was a ban of coal imports. The news caused surge of US and European coal company stocks.
The UN reported on Friday that global food prices reached a record high level during March by jumping 13.00%.
On Thursday, the US Treasury Secretary Janet Yellen stated that Russia needs to be expelled from 20 and that the US would boycott G20 meetings.
In March, inflation in Ireland had reached 6.7% on a year-on-year basis, which is the highest level observed over a period of 40 years.
On Friday, the price for Natural Gas traded in the 6.40/6.50 zone, which marks the 2021 October high levels. A move above this zone would see the price reaching the 2014 high levels near 6.70.
A Reuters poll revealed this week that the European Central Bank is likely going to increase the bank's deposit rate by the end of 2022.
On Thursday, Shell revealed that the company would increase its write down of assets, which was caused by the exit from Russia, up to $5 billion.
Reuters reported this week that Canada would create a $12 billion fund that would attract private investment in green technologies.
This week, Reuters published poll results, which revealed that its survey participants expects the USD/CAD pair to decline to 1.2300 during 2022.
This week, the European Central Bank policymaker Joachim Nagel revealed that the central bank could soon increase interest rates.
US oil company executives appeared before US Congress on Wednesday and defended high fuel prices, which have remained elevated despite a decline in oil prices.
Refinitiv Lipper revealed this week that last month European equity funds had experienced biggest outflows since March 2020.
On Wednesday, Toyota announced that the company would decrease its 2022 new car sales forecast for the United States due to issues with supply chains.
At 18:00 GMT on Wednesday, the US Federal Reserve released its Meeting Minutes, which revealed additional details on the world's top central bank's policy.
West African aid agencies revealed this week that due to the ongoing surge in food prices the region is set to face starvation.
S&P Global Ratings has announced that the rating agency expects global state borrowing to reach $10.4 trillion in 2022.
Ryanair revealed this week that the company expects this summer fares to be higher by up to 10.00%, compared to 2019.
The US government announced this week that China had bought a record 1.084 million tonnes of US corn.
During Tuesday's trading, the price for Natural gas extended its 2022 surge, as the price reached above the $6.00 mark.
An associate of the Prime Minister of Japan stated this week to Reuters that the Bank of Japan should start monetary tightening, as the rest of the world.
This week, the Governor of the Bank of Japan Haruhiko Kuroda stated that the recent decline of the Yen had been too rapid and that currency rates should be more stable.
On Tuesday, Reuters reported that the European Union would propose new bans of imports and exports from and to Russia valued in tens of billions.
On Monday, Exxon Mobil hinted that the company's quarterly profits might hit a seven year record, as operating profits could increase by up to $2.7 billion.
This week, Volvo Cars announced that due to global chip shortage the company's sales had declined by 22%.