- Guirassy and Anton to return to Stuttgart with new side Dortmund
- Marseille bidding to continue 'almost perfect' Ligue 1 start
- Arnold quits as coach of Australia men's football team
- Harris and Oprah hold star-studded US election rally
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- Perez leading new-look Villarreal charge against leaders Barca
- Man City face Arsenal in Premier League title showdown, Postecoglou under pressure
- Fake celebrity endorsements, snubs plague US presidential race
- Documentary brings Argentine 'death flights' to the big screen
- Strike shows challenge to Boeing 'reset' of labor relations
- World leaders to gather at UN as crises grow and conflicts rage
- How plastic pollution poses challenge for Canada marine conservation
- Scientists track plastic waste in pristine Canada marine park
- South Africa's Buhai grabs LPGA Queen City lead
- Japan inflation firms to 2.8% ahead of BoJ rate decision
- Russia's Kadyrov accuses Musk of 'remotely disabling' his Cybertruck
- Titan sub had to abort a dive days before fatal implosion: testimony
- Ohtani makes MLB history with first 50-homer, 50-steal season
- Ohtani eyes MLB history after surpassing 50 stolen bases, 49 homers
- Ohtani eyes MLB history after surpassing 50 stolen bases
- Barca downed by Monaco as Arsenal held in Champions League stalemate
- Head's 'good night at office' after century seals win over England
- Dubois seeks legitimacy with Joshua scalp
- Rate cut could lift consumer spirits before US elections
- Last-gasp Gimenez strike sends Atletico past Leipzig
- Barca stumble at Monaco after early red card
- Raya heroics save Arsenal in Champions League opener at Atalanta
- Cathay Airbus engine fire linked to cleaning: EU regulator
- Guardians beat Twins to secure MLB playoff berth
- Jihadist attack in Mali capital killed more than 70: security sources
- Alonso hails 'efficient' Leverkusen after Feyenoord rout
- Head's hundred seals Australia win over England in 1st ODI
- Ex-Man United striker Anthony Martial joins AEK Athens
- NFL unbeatens meet as Texans visit Vikings, Steelers host Chargers
- Head's hundred seals Australia win over England in 1st ODI after Labuschagne strikes
- Dream debut for Wirtz as Leverkusen thump dire Feyenoord
- Myanmar flood death toll climbs to 293: state media
- Israel army says West Bank air strike kills 4 militants
- LIV golfers get green light for US Ryder Cup team, PGA Championship
- US accuses social media giants of 'vast surveillance'
- Ten Hag to bed Hojlund, Mount in carefully when they return for Man Utd
- Breaking bad as McIlroy endures 'weird' day
- EU chief announces $11 bn for nations hit by 'heartbreaking' floods
- Spanish PM, Palestinian leader urge Mideast de-escalation
- New study reinforces theory Covid emerged at Chinese market
- World Bank boosts climate financing by 10 percent
- Bagnaia eyeing summit on home ground in 100th MotoGP
- 'Something was wrong', defendant in French mass rape tells court
- Hezbollah chief admits 'unprecedented' blow in device blasts
- Sales of US existing homes slip slightly in August
Stocks retreat as Russia downplays hopes of Biden-Putin summit
Stock markets mostly fell Monday as the Kremlin warned there were no firm plans for a summit between US President Joe Biden and Russian counterpart Vladimir Putin to avert a possible Moscow invasion of Ukraine.
Warnings from US officials that Russia could invade its neighbour imminently sent markets spiralling last week and briefly sent crude surging towards $100 per barrel as traders fret over already tight supplies.
The Ukraine crisis has compounded worries about decades-high inflation that is causing central banks to hike interest rates.
Asian and European equity markets mostly retreated Monday, though London managed to edge higher on hopes for the UK economy as Prime Minister Boris Johnson was set to announce an end to all pandemic legal curbs in England.
French flag-carrier Air France said it was cancelling its flights to and from Kyiv scheduled on Tuesday over security concerns sparked by the Russian troop build-up on Ukraine's border.
Air France, which runs return Paris to Kyiv flights also on Sundays said the move was a "precautionary measure".
The United States is "committed to pursuing diplomacy until the moment an invasion begins", Biden's press secretary Jen Psaki said Monday.
With Russia a key exporter of crude, all eyes are on oil prices, which steadied on Monday.
"A proposed summit does offer some relief to the market, as it suggests that both sides are still possibly open to dialogue," said Warren Patterson at ING Groep NV.
"Asset prices, particularly commodities, will continue to be heavily influenced by Russia-Ukraine noise."
Observers are warning that oil at $100 per barrel could soon be breached and could hold above that level for an extended period, even if talks on Iran's nuclear programme succeed and lead to the resumption of Tehran's crude exports.
The sharp rise in crude is a key driver of inflation across the planet, adding to supply chain snarls and bottlenecks.
While expectations are for a Fed rate hike next month, some bank officials at the weekend indicated they were not in favour of a 50 basis point rise, as has been suggested in light of soaring consumer prices.
The prospect of higher borrowing costs this year has weighed on markets for months, bringing a near two-year equity rally to an end with commentators predicting further volatility.
- Key figures around 1130 GMT -
London - FTSE 100: UP 0.1 percent at 7,519.11 points
Frankfurt - DAX: DOWN 0.3 percent at 14,995.03
Paris - CAC 40: DOWN 0.7 percent at 6,882.18
EURO STOXX 50: DOWN 0.7 percent at 4,045.90
Tokyo - Nikkei 225: DOWN 0.8 percent at 26,910.87 (close)
Hong Kong - Hang Seng Index: DOWN 0.7 percent at 24,170.07 (close)
Shanghai - Composite: FLAT at 3,490.61 (close)
New York - Dow: DOWN 0.7 percent at 34,079.18 (close)
West Texas Intermediate: DOWN 0.3 percent at $89.94 per barrel
Brent North Sea crude: UP 0.1 percent at $93.66 per barrel
Euro/dollar: UP at $1.1359 from $1.1323 Friday
Pound/dollar: UP at $1.3627 from $1.3593
Euro/pound: UP at 83.36 pence from 83.30 pence
Dollar/yen: DOWN at 114.84 yen from 115.03 yen
C.Kovalenko--BTB