With the world’s attention focused on the tragic situation unfolding in Ukraine, it is difficult at times to put aside personal, political and humanitarian views and to concentrate on the financial implications of global events.
Initially, the emergence of the Omicron variant spooked investors and caused markets to fall.
Central banks are moving increasingly closer to raising interest rates as inflation is beginning to look less and less transitory.
Last month the spread of Covid variants was at the forefront of investors’ minds. This month tighter monetary policy is pushing its way forward.