sector, on the back of firm commodity prices, as well as from the banking sector. Notable surprises

PETALING JAYA: As the Russian-Ukraine war escalated last week, foreign investors took shelter in

has resulted in soaring commodity prices amid sanctions imposed on Russia, said Khazanah Nasional

Brent-crude futures have risen or fallen by 4% or more on nine trading days since Russia invaded Ukraine on Feb.... Brent rose back above$ 110 a barrel Monday after Saudi Arabia said Houthi forces in Yemen had attacked facilities belonging to state oil company Aramco. Futures are bought and sold by investors to speculate, and by producers and physical traders to lock in prices, known as hedging.... They then call for or return money each day depending on whether the position gains or loses val

, Europe's STOXX 600 index. STOXX dropped 1.8% to close at its lowest since mid-March.... Commodity stocks

WITH the Russia-Ukraine crisis showing no signs of receding, oil like every other commodity has

NEW YORK: Stocks have fallen to near-bear market territory.... Bonds have suffered big price declines. Foreign currencies have nosedived against the US dollar.... Even low prices can spur increased supply. Weak sugar prices encourage Brazilian farmers to plant and harvest more sugar cane to maintain their total income.To be sure, watch out for non-economic forces....

NEW YORK: Data showing a vibrant U.S. jobs market strengthened the dollar and spurred commodity

-generated energy. Looking at the commodities’ price movements during the past two years, the post-pandemic

uptick in Russian energy imports by India.“ President Biden will continue our close consultations on