Page 33 - Rian Evans News Today

"The price of energy has reached record levels driven by an aggressive economic act by the Russian state," regulator Ofgem said.

Ron Baron's fund also invested about $100 million in Figs, which he called the "Lululemon of healthcare," in the last few months.

The real economy and financial economy are still too far apart and a market downturn will bring them closer, Bridgewater co-CIO Greg Jensen said.

Ruble-yuan trading volumes have grown by 40 times in 2022. Russia plan to restart sales of local bonds, with later plans for yuan-denominated debt.

"We've had mostly algos trading this market, and you've seen huge volatility," energy analyst Amrita Sen told CNBC.

Investors are keeping a close eye on Fed Chair Jerome Powell's speech at the central bank's yearly conference in Wyoming on Friday.

Analysts have estimated that a return of Iranian oil would result in a near-term boost of about 1 million barrels a day to the global market.

After being hit with US sanctions, Russian mining giant Alrosa is back selling more than $250 million of diamonds a month, sources told Bloomberg.

The 10-year Treasury yield briefly dipped below 3% after weak housing data, but rebounded to climb back above it.

China is looking to rebound from a string of Covid-19 lockdowns. The yuan slid Monday as Beijing raised benchmark rates again.