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The New Daily
The New Daily
Tony Sycamore

Market Wrap: Economic ‘hurricane’ warning as Russian oil ban brings volatility to markets

United States Oil Hurricane Russia Bank of Canada Economy Ukraine
Investors have been warned to prepare for an economic 'hurricane' due to Russia oil ban.

A volatile week for US stockmarkets on renewed inflationary concerns as euro area inflation made fresh record highs, and economic data showed that aside from housing, the US economy remains resilient.

A promising start to the week for the ASX200 petered out as volatility on Wall Street and local tech stocks unsettled investors.

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