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Markets Volatility Is Only Certainty for Traders as War Rages On

  • Euro extends rise from lowest since 2020 as Asia trading opens
  • Turbulence has jumped in recent days as war in Ukraine worsens
Bloomberg business news
Oil Has Wildest Week on Record
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As the week kicks off in Asia on Monday, the only certainty for traders is that they’re in for another volatile stretch, with Russia’s war in Ukraine upending financial markets.

The U.S. dollar will be in focus, after appetite for havens helped lift a gauge of the currency to its highest since July 2020 on Friday, and with the U.S. Secretary of State saying the Biden administration and its allies are discussing an embargo of Russian oil.