The risk off tone continued with Fed official Kashkari warning ‘there’s a lot of tightening in the pipeline’. Meanwhile, BOE’s Chief Economist Pill further deterred expectations of an inter-meeting action. Oil prices recovered amid Russia’s push for the OPEC+ to cut production and worries over supply curbs in Gulf of Mexico, while European energy situation worsened with likely sabotaged leaks detected on Nord Stream pipelines and Gazprom issuing sanction warnings on Ukraine’s Naftogaz. What is happening in markets? The Nasdaq 100 (USNAS100.I) and S&P 500 (US500.I) The bond sell-off extended, pushing up the ... (full story)