Macro Briefing: 24 February 2022

* Russia invades Ukraine with barrage of missile, artillery and air attacks
* Easing energy price shock by raising output will be limited due to pinched supply
* Gold rises above $1900/oz, highest in over a year, as Russia invades Ukraine
* Oil’s surge will bring double shock of slowing growth and raising inflation
* US and allies poised to roll out further, sweeping sanctions against Russia
* China refuses to condemn Russia’s attack on Ukraine
* Oil prices soar amid worries about future energy supplies: