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EU aims to reach political agreement on a Russian oil ban today - BBG

Leaders of EU 27 nations aim to reach a political agreement on an oil ban on Monday, an EU official said according to Bloomberg. The official added that there is agreement on the two phases of implementation of the import ban, but that implementation dates remain under discussion. 

The more optimistic (on the chances of a deal being reached) remarks from an EU official comes after more pessimistic remarks from the Estonian PM, who said that it is not realistic to expect an agreement on a sixth package of sanctions against Russia today. 

South Korea: BoK hikes rates and revises up inflation – UOB

Economist at UOB Group Ho Woei Chen, CFA, reviews the latest interest rate decision by the BoK. Key Takeaways “Bank of Korea (BOK) raised its benchmar
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AUD/USD Price Analysis: Bulls might now aim to test 0.7235-40 confluence hurdle

The AUD/USD pair prolonged its strong recovery momentum from the YTD low and kicked off the new week on a positive note amid the prevalent US dollar s
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