Interbank Market News Scan: White House, Treasury focus on economics and finance to neutralize Russia’s military invasion …

Interbank, U.S., White House. The White House provides additional details on how it will impose sanctions on Russia. See press release here. Source: Executive Office of the President.

Interbank, U.S., White House. Joint Statement on restrictive economic measures placed on Russia. See press release here. Source: Executive Office of the President.

Interbank, U.S. Treasury, Russia. U.S. Department of the Treasury announces prohibition on transactions with the Central Bank of Russia. See press release here. Source: U.S. Department of Treasury.

Interbank, U.S., Federal Reserve, consumer survey. The Federal Reserve Board in March will begin a statistical study of household finances, the Survey of Consumer Finances, that will provide policymakers with important insight into the economic condition of a broad cross section of American families. See press release here. Source: Board of Governors of the Federal Reserve System.

Interbank, Bank for International Settlements, view on markets. The BIS released its quarterly view on world markets. In the prior three months, fixed income markets were jolted by shift toward tighter monetary policy; stock markets plummeted; and investor sentiment grew toward Asian economies. See press release and report here. Source: Bank for International Settlements.

Foreign exchange rates of interest and dollar index at 11:08 am AST

EUR/USD=1.12616

GBP/USD=1.34029

USD/CAD=1.27029

USD/MXN=20.3433

Source: OANDA

Dollar Index=96.74

Source: MarketWatch