Eurostoxx futures -0.5% at the start of the European session

  • German DAX futures -0.5%
  • FTSE UK Futures -0.2%
  • Spanish IBEX Futures -0.4%

Even though Ukraine has denied the earlier Russian accusation of a mortar attack on LPR localities, the markets are even more defensive. Stocks remain behind, with US futures also down on the day. S&P 500 futures are down 0.5%, Nasdaq futures are down 0.6% and Dow futures are down 0.3%.

Elsewhere, bonds are still more popular in general with 10-year Treasury yields down 3.3 basis points to 2.01%. But at least the mood in the market isn’t as dour as the initial reception of previous news from here.

It remains to be seen what will happen next but rest assured, there will surely be more twists in the saga.


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