Yuan-ruble trading explodes 1,000% in latest challenge to U.S. dollar’s dominance

The Russian ruble has rebounded sharply off the lows seen after the invasion of Ukraine, although there remains a wide margin between prices quoted in Moscow and those quoted offshore. But in the late...

Dollar’s dominance could get diluted by sanctions against Russia, IMF official tells Financial Times

The dollar’s dominance within the international monetary system is at risk of undergoing a gradual “fragmentation” as a result of financial sanctions being imposed on Russia, Gita Gopinath, the Intern...

The Dow Jones Industrial Average heads for its first correction in 2 years. Here’s the level to watch.

An ugly stretch for U.S. equities was intensifying as the crisis in Ukraine worsened and investors weighed the prospect of further sanctions to cripple the Russian economy as the Kremlin wages war in ...

Dow Falls 400 Points As Investors Weigh Latest Sanctions On Russia

Topline Stocks fell on Monday, with the Dow dropping roughly 400 points, as a fresh round of Western sanctions slammed Russia’s financial markets, though the market’s losses were tempered by reports t...