Commentary China’s regulators are putting its $21 trillion bond market at risk. The ham-fisted regime is not only centralizing financial power and reshuffling financial regulatory personnel but is also banning the best brokers and data aggregators from selling real-time price data. Screens where China’s bond prices appeared went blank on Wednesday. Managers at the China…

LAUSANNE—Energy and commodity markets are in shock after Russia’s invasion of Ukraine, the world’s top trading firms said on Tuesday, warning of gas and diesel shortages in Europe and economic recession if Russian flows fall further. Prices across gas, oil, metals, and agricultural markets have soared since the invasion and become so volatile that companies…

LONDON—Coffee traders are scrambling to redirect shipments headed for Russia and Ukraine as trade flows to the two countries collapse due to Western sanctions imposed on Moscow and Kyiv’s move to close its ports. Russia is the world’s fourth-largest coffee importer after the European Union, the United States, and Japan. “(Trade flows) are grinding to…

LONDON—The euro shed some of its overnight gains on Thursday after its steepest daily jump since 2016 as traders waited for a European Central Bank meeting and a European Union summit to shed light on the bloc’s policy response to Russia’s invasion of Ukraine. The common currency on Wednesday benefited from a risk-on shift in…

NEW YORK—Coffee traders are seeking advance payment in any new deal to sell beans to Russia as Western sanctions hit the financial system of the world’s sixth largest importer. Traders in Brazil, the world’s largest exporter and number 1 supplier to Russia, said they have added the country to a list of risky and sanctioned…

LONDON—The euro edged up on Wednesday but was off Friday’s three-week high, as traders looked for clues as to when the European Central Bank will hike interest rates. The dollar was little changed, a day before the release of U.S. consumer price data that may offer new indications about the pace of the Federal Reserve’s…

Stocks fell again on Wall Street Friday, capping off the worst weekly drop for the S&P 500 since the start of the pandemic. Investors have grown increasingly worried about rising inflation and how aggressive the Federal Reserve might be in raising interest rates to tamp it down. Historically low rates helped support the broader market…

The SPDR S&P 500 ETF Trust is on track to finish an unpredictable 2021 near record highs after a third consecutive year of 16 percent-plus gains for the market. But with inflation concerns lingering and uncertainty surrounding the ongoing pandemic, there are plenty of reasons for investors to be concerned about stretched stock market valuations heading…

LONDON—The dollar eased on Monday from an almost 16-month high versus major peers, as traders awaited fresh clues on Federal Reserve interest rate hike plans on the back of red-hot inflation. The dollar had been buoyant since Wednesday, when data showed U.S. consumer prices rose last month at the fastest annual pace since 1990, casting…

NEW YORK—Options traders are showing little fear that U.S stocks will turn volatile in coming weeks, even as the Federal Reserve appears set to announce an unwind of the easy money policies that helped equities double from last year’s lows. The Cboe Volatility Index, known as Wall Street’s fear gauge, recently stood at 15.52 after…