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Tuesday preview: Ukraine-Russia crisis, HSBC in the spotlight
Geopolitics will continue to be front and centre after Moscow announced overnight its decision to recognise the independence of Ukraine's two breakaway republics and to deploy 'peacekeepers.
Europe close: Stocks reel as Ukraine-Russia tensions rise, Russia's RTS walloped
European shares took a big hit at the start of the week with Russian issues coming under acute selling following a report, later denied by Ukrainian officials, that Russian military had destroyed two armoured personnel carriers on its territory.
J.P. Morgan still 'bullish' on cyclicals, not sure growth offers opportunity
Equity strategists at J. P. Morgan reiterated their 'bullish' stance on cyclical areas of the market but warned clients away from growth stocks, telling them that current weakness in that space might not be an opportunity.
Russia-US reportedly agree to leaders' summit, Russian security council meeting scheduled
Russia and the US reportedly agreed in principle to a summit of their respective leaders, bolstering hopes of a peaceful resolution of the current tensions between Russia and Ukraine.