Global Economy Briefing: a global chip-stock rout dragged the Nasdaq down over 2% and lifted US bond yields, while Brazil explained its rate cut.

Global Economy Briefing: a global chip-stock rout dragged the Nasdaq down over 2% and lifted US bond yields, while Brazil explained its rate cut.

Global Economy Briefing: markets steadied as oil fell to a pre-war low near $70, dragging yields down and drawing strong foreign inflows into Brazil.

Japan’s Nikkei slumps nearly 5%, South Korea’s KOSPI down 8%, Nasdaq futures skid 1.7%, yen languishes near 40-year lows; selloff comes after big gains for the quarter to record…

LatAm pre-open: Asia's chip rollercoaster crashed again (Korea −6.85%, Samsung −7.4%) and Apple tumbled −6%, but a commodity rebound lifted Brazil to a fresh record.

Global Economy Briefing: the Fed's inflation gauge rose to a 3-year high but eased monthly, lifting the Dow, while Brazil's inflation cooled again.