On Tuesday, Hasbro announced that the company would increase its full 2022 profit forecast, despite a $100 million hit caused by the Russian invasion of Ukraine.
This week, Reuters published a report, which revealed that electric vehicle sales have continued to grow despite an increase of prices.
This week, the Finance Minister of Japan Shunichi Suzuki stated that the weakening Yen would boost inflation through imports.
The CEO of Prada Patrizio Bertelli stated on Tuesday that the company has experienced good results in 2022, despite lockdowns in China and a stop of operations in Russia.
This week, Johnson & Johnson announced that the company would suspend its sales expectations for the COVID-19 vaccine and decrease its profit outlook.
During Tuesday's trading hours, the price for oil remained flat, as output outages in Libya were offset by an expected reopening of factories in Shanghai.
During the middle of Tuesday's GMT trading hours, the Japanese Yen extended its decline, as the currency exchange rate was approaching the 128.50 mark.
On Tuesday, European stock indices declined, as the Russian invasion of Ukraine and incoming Fed tightening were blamed for a global economic slowdown.
During Tuesday's trading hours, Asian stock indices declined, as COVID-19 lockdowns were causing a decrease in economic activity.
The President of the New York Federal Reserve John Williams has revealed that a 0.50% rate hike by the Federal Reserve should be considered.
Amazon.com Inc CEO Andy Jassy has revealed that the company would not add cryptocurrency as a payment method in the foreseeable future.
In the aftermath of the ECB announcement that it would continue monetary stimulus, the President of the central bank Christine Lagarde stated that the bank would closely monitor inflation.
In March, US monthly retail sales surged by 0.5%, as the increase was fuelled by higher gasoline prices.
The White House has revealed that in an effort to reduce inequality the administration might increase the minimum federal wage.
Tencent announced this week that the company would block Chinese gamers from accessing unapproved foreign games.
During this week, most moves in crude oil prices were attributed to news about supplies being cut from Russia and a demand decrease due to the upcoming Easter holidays.
On Thursday, Volkswagen revealed that its profits had risen in the first quarter of 2022. However, the company commented that future profits might be impacted by the war in Ukraine.
This week, Shanghai reported that the city had reached a new benchmark of new coronavirus cases, as new cases reached above 27,000 on Thursday.
On Wednesday, MasterCard and Nexo announced that they would release a crypto-backed payment card.
This week, Reuters published a report, which indicated that the Chinese COVID-19 lock-downs are bound to further deteriorate the global supply chains.
Bloomberg news revealed this week that Chinese anti-corruption agents were investigating Jack Ma's Ant Group's connections to state owned companies.
At 11:45 GMT, the European Central Bank kept its base rates in the negative zone and revealed that it would end asset purchases only in the third quarter of 2022. The EUR/USD plummeted more than 50 base points or 0.50% in less than ten minutes.
On Wednesday, US mortgage rates increased above 5.00%, as real estate buyers appeared to be rushing to lock in rates before further rises.
Data released this week revealed that imports into China had declined during March due to the Covid lock-downs in major industrial and shipping centres.