Futures on the Wall are down – the Dow is down 250 points, the Nasdaq is down -1%

LAST UPDATE: 13.00

Futures on the Wall are falling at the beginning of the week, with investors worried about the Russo-Ukrainian crisis, but also weighing in on the US inflation spike, which, as US Federal Reserve officials admit, brings the US closer to raising interest rates.

Specifically, the futures of the industrial Dow about 250 points or 0.7%, the futures of the wider S&P 500 slide by 0.8%, while the biggest losses are recorded by the futures of the technological Nasdaq with a drop of 1%.

The US market shows that it will continue in a negative climate, as it closed at Friday’s session, where it recorded heavy losses with the Dow losing 500 points, the S&P reaching -2% and the Nasdaq slipping by 2.8%.

The investment climate has been exacerbated by concerns about an impending Russian invasion of Ukraine as developments entering a potentially crucial weekwith the US warning that a Russian attack could break out at any moment and Russian President Vladimir Putin accusing the US of not meeting its demands.

U.S. National Security Adviser Jake Sullivan, who on Friday referred to the danger of Russia attacking or trying to provoke a conflict inside Ukraine this week, told CNN on Sunday that there is “a clear possibility of significant military action very soon”.

In a telephone conversation between Putin and US President Joe Biden on Saturday, which lasted just over an hour, the two leaders reiterated their positions without any apparent progress.

Meanwhile, the US inflation rally continued with renewed momentum in Januarygiving new impetus to estimates that the Federal Reserve will be forced to take a more aggressive approach to tightening its monetary policy in the coming months.

The spike in inflation has “dramatically” changed the outlook of St. Louis Federal Reserve Chairman James Bullard, who he said last week he now wants a more aggressive response from the US Federal Reservewith an increase in interest rates by 1% until July.

Too much “abrupt and aggressive” interest rate hikes could be counterproductive San Francisco Fed Chairman Mary Daly said Sunday that the central bank is not yet ready to cut interest rates by half a percentage point next month, according to the US Federal Reserve. broadcast Reuters.

In Europe, pan-European Stoxx 600 index falls 2.5% at 457 points, with the banking sector recording a “dip” of 4.1% and recording the largest losses. In the individual dashboard, the German DAX notes heavy losses of 3.2% like the French CAC 40, while the British FTSE 100 loses 1.9%.

The stock markets of the Asia-Pacific region are also moving in the “red” at the start of the week, with the Japanese Nikkei 225 falling more than 2%, and the SoftBank Group title losing 4%.

Source: Capital

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