Stocks in Asia gained following a late turnaround on Wall Street. Nikkei gained almost 2%, Kospi moved 1% higher and S&P/ASX 200 finished 0.1% higher
DAX futures point to a big bullish price gap at the opening of today’s cash session in Europe
Biden announced a sanction package that turned out to be much softer than feared. Package included sanctions on major Russian banks but stayed short of banning them from SWIFT system
Biden said that US forces will not be deployed in Ukraine
The West warned Russia that if aggression in the Ukraine continues to escalate, even more sanctions will be imposed
US House Speaker Pelosi said that she wants to provide Ukraine with defense weapons worth $600 million. France will offer €300 million in aid and military equipment to Ukraine
Russian military actions in Ukraine continue. Reports of explosions, missile and airborne attacks are surfacing in media but not as often as yesterday
According to Sky News report, anywhere between 30 and 60 thousand Russian soldiers are in Ukraine right now
Ukraine President Zelensky said that today will be the hardest day and that he believes Putin will us tanks to capture Kyiv
Ukrainian Foreign Minister confirmed that rockets have been already fired at Kyiv
Hacker collective Anonymous announced that it is now in cyber war with Russia and has taken down the website of Russian propaganda media Russia Today. Annonymous also warned that Russians plan large-scale bombings of Ukrainian capital today
Oil and natural gas trade higher
Precious metals also advance with gold regaining part of evening drop
AUD and NZD are the best performing major currencies while USD and EUR lag the most
S&P 500 (US500) experienced massive turnaround yesterday in the evening. Sanctions announced by the West turned out to be less severe than feared and it has led to some relief in the markets. US500 bounced off the 4,100 pts area and has climbed to 4,275 pts resistance zone today, marked with 38.2% retracement of recent downward impulse.
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