Equity indices are sharply lower, technical on the S&P500 is looking precarious, yields were slightly higher, oil was up about 5 percent, dollar surged and fundamentally on the ground there seems to no sign of de-escalation as far as the Russia-Ukraine conflict is concerned.
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The market is expecting that the Federal Open Market Committee (FOMC) will raise rates by 22 basis points (bps) in its March meeting.
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First Published: Mar 8, 2022 9:00 AM IST
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