Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.
Global stock markets are starting the new week on the back foot, as investors fret about looming interest rate rises and the Ukraine crisis.
Shares have dropped in many Asia-Pacific markets, after Wall Street ended last week with more losses. The S&P 500 fell 1.9% on Friday, as January continues to be one of the worst months for stocks since the pandemic began.
Global stocks have lost $4.2tn in mkt cap this week, most since Oct2020 on tech rout & as
