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Tuesday preview: Ukraine-Russia conflict, global PMIs
Financial markets' focus will continue to be on the headlines coming out of Ukraine and any news regarding ceasefire talks between Kiev and Moscow.
Europe close: Stocks drop but end off lows amid Ukraine-Russia ceasefire talks
European stocks managed to pare initial sharp drops after Western governments imposed massive sanctions on Russia over its invasion of Ukraine, likely helped by news of ceasefire talks between Kiev and Moscow.
Ukrainian and Russian delegations adjourn for consultations, further meeting possible
The first round of talks between Ukraine and Russia adjourned on Monday without an agreement being reached, and with the members of both delegations having returned to their respective capitals for consultations with their governments.
Chicago area factory activity drops by more than expected in February
A gauge of factory activity in the Chicago area retreated last month for the first time since November.
Ukrainian delegation arrives in Belarus for talks, Kiev calls for immediate admission into EU
Ukraine's delegation to the negotiations with the Russian Federation in the Belarussian town of Gomel arrived mid-morning on Monday.
US trade deficit widens sharply in January
America's shortfall on trade with the rest of the world widened unexpectedly last month.
JP Morgan stays 'overweight' Financials, says duration of current dislocation is key
Equity strategists at JP Morgan reiterated their 'overweight' stance for Financials despite the escalating crisis in Ukraine, telling clients that the duration of the current dislocation and whether Russian commodity supplies would be cut off would be key.