Share markets were hit over the last week as Ukraine tensions escalated culminating in a Russian invasion.
Share markets have seen another volatile week being buffeted by waxing and waning fears of Russia invading Ukraine and fears of inflation and interest rate hikes.
How are the coronavirus and global economy shaping this week?
Let's take a look at the competing factors in the global economy.
How is the global economy faring as it still contends with Omicron?
Global share markets saw another rough week as concerns about inflation and monetary tightening intensified against the backdrop of ongoing Russian tensions over Ukraine and Omicron disruptions.
Let’s talk about the Aussie economy and Hallelujah, it’s showing signs of improvement.
The Omicron wave that has seen global coronavirus cases surge to record levels, is now showing signs of slowing.
So far it’s holding up relatively well but it’s early days.
Global share markets remained under pressure over the past week from concerns about rising US inflation and faster US interest rate hikes.
It’s still early days in the Omicron wave but those vaccinated are looking protected. And let’s track economic activity.
Omicron may only result in mild cases and let’s get back to where we started from.