FTX’s new management team stated that it has made substantial progress in protecting assets and has restored approximately $7 billion in liquid assets so far. According to a report released by the team on Monday, FTX owed customers approximately $8.7 billion when it filed for bankruptcy last year.

Greek Prime Minister Mitsotakis will meet Turkish President Recep Tayyip Erdogan at the NATO summit.

Commodities trader Trafigura is said to be cutting five oil trader jobs in Mexico.

The Fed accepted a total of $1.961 trillion from 102 counterparties in fixed-rate reverse repurchase operations.

The U.S. 2-year U.S. Treasury yield fell 1.20 basis points to 4.738% on the day.

According to the British Financial Times: KPMG plans to lay off 5% of its employees in the United States.

Argentine government statement: Argentina signed bilateral agreements with three Paris Club members to restructure debt.

The Nasdaq 100 fell 1% to hit an intraday low.

ECB Governing Council Simkus: At least one more rate hike is needed.

US President Biden: The outcome of the Russia incident remains to be seen.

US President Joe Biden: The situation in Russia is part of a struggle within the Russian system. The United States has nothing to do with this issue.

US President Joe Biden: US will continue to support Ukraine.

US President Biden: The United States is ready for various scenarios involving Russia.

Three-month nickel prices on the London Metal Exchange (LME) fell 5.2% to $20,210 a tonne.

British Foreign Secretary Cleverley: The events of the weekend showed that Ukraine (not Russia) has the strategic patience to win.

British Foreign Secretary Cleverley: Cracks are starting to emerge.

Meta Platforms (META.O) has launched a new virtual reality subscription service called META QUEST+, priced at $7.99 per month or $59.99 per year.

UK Chancellor Hunt: Banks are taking too long to pass on higher interest rates to savers.