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Ukraine-Russia tensions escalate as Ukrainian President Volodymyr Zelensky says a large-scale Russian offensive is under way in the eastern Donbas regionThe World Bank estimate for global growth in 2022 has been trimmed to 3.2% from a January prediction of 4.1%Growing concerns over Chinese lockdowns and slowing global growth means Hong Kong stocks fell steeply. S&P 500 and The Nasdaq showing muted reactions so farThe priority for this week is US earnings, as analysts wait to see how big-cap tech is faring in the high inflationary environmentCrude oil stands at over $107, up from under $100 las…