Free Trial
US TSY OPTIONS

10Y Vol Sale

FED

FOMC Publishes 2023 Meeting Schedule

EURGBP TECHS

Outlook Remains Bullish

OUTLOOK

Monday Data Calendar

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

US Warns China Off “Material” Support for Russia

RUSSIA
  • The US Deputy Secretary of State has issued a broadside toward Chinese support for Russia, stating that “material support” for the war in Ukraine from China would result in sanctions.
  • US Commerce Secretary Raimondo spoke overnight, stating that US and allied action on sanctions have led to Russia’s access to high-tech imports and parts being cut by more than half. The targeted sanctions have frustrated Russia’s ability to manufacture and service military equipment, with tanks, satellites and rocket-mounting systems mentioned specifically.
  • US Treasury Secretary Yellen cautioned overnight about a European outright ban on Russian oil imports, warning that it could hurt European and other economies without inflicting as much impact on Russia as hoped.
112 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • The US Deputy Secretary of State has issued a broadside toward Chinese support for Russia, stating that “material support” for the war in Ukraine from China would result in sanctions.
  • US Commerce Secretary Raimondo spoke overnight, stating that US and allied action on sanctions have led to Russia’s access to high-tech imports and parts being cut by more than half. The targeted sanctions have frustrated Russia’s ability to manufacture and service military equipment, with tanks, satellites and rocket-mounting systems mentioned specifically.
  • US Treasury Secretary Yellen cautioned overnight about a European outright ban on Russian oil imports, warning that it could hurt European and other economies without inflicting as much impact on Russia as hoped.