Macro Briefing: 8 March 2022

* Ukraine president remains defiant as Russian invasion continues
* US moving closer to Russian oil ban
* Russia says it may cut off gas supply to Germany if West bans Russian oil
* Five possible outcomes for the war in Ukraine
* A global food crisis may be lurking due to the war in Ukraine
* UK facing recession if energy prices remain high, research group advises
* Biden will sign exec order for overseeing cryptocurrencies
* US gasoline prices reaches a record high
* Can China bail out Russia’s economy? That’s going to be quite challenging
* Despite surging oil prices, Russia’s oil industry is heading for rough times
* Germany’s industrial output surged in January, ahead of the war in Ukraine
* US Dollar Index at highest in nearly 2 years as demand increases for safe assets :

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