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Stocks dip again, dollar a bit higher as UN headline that a Russian invasion is imminent

Posted: 17 Feb 2022 05:19 AM PST

The US stocks in pre-market trading got close to unchanged but has reversed back lower on reports that the UN sees an imminent invasion by Russia on Ukraine. Buckle up.The DOw is now down -120 points. The Nasdaq is down around 95 points and the S&P is down -21 pointsThe price of oil is trading at $9

US envoy to UN: Evidence is the Russia moving toward 'imminent' invasion

Posted: 17 Feb 2022 05:15 AM PST

Aside from the blip earlier today, the market is showing some resilience on the Ukraine front. It looks like warnings from US officials aren't a catalyst for moves anymore. The market has grown skeptical and it will take signs of Russian military intervention to kick things off.That said, the fighti

ForexLive European FX news wrap: Russia, Ukraine point fingers on eastern Ukraine attacks

Posted: 17 Feb 2022 04:58 AM PST

Russia says:Reports that Ukrainian forces have fired mortars & grenades on LPR locationsRussian state media also reporting shelling in DonetskKremlin says hopes people will not believe fake reports about new Russian invasion dateRussian foreign minister says Moscow will send response to US on securi

US says it sees some Russian forces inching closer to the Ukrainian border

Posted: 17 Feb 2022 04:48 AM PST

The remarks also add that Russian forces are "stocking up on their blood supplies, not what you would do if you were about to pack up and leave". Well, expect another day of he said, she said, folks. It won't be long until the market gets a bit tired of this and keep its focus solely on actual actio

NATO's Stoltenberg: We are concerned Russia is trying to stage a pretext for an invasion

Posted: 17 Feb 2022 04:17 AM PST

Well, that's pretty much the big risk so as to any supposed accusation from the Russian camp from earlier here. But Ukraine have responded with one of their own, with president Zelenskiy now out saying that the shelling of the kindergarten by Russian forces earlier is a "big provocation". I shared m

Russia, Belarus to hold live fire exercises on Thursday and Saturday - report

Posted: 17 Feb 2022 04:05 AM PST

Russian troops will leave Belarus after military drillsRussian troops are returning to their permanent bases after drillsThis continues to reaffirm the communique from Russia since yesterday but we'll see how things progress in the days ahead to be any certain of any meaningful de-escalation. There

Mixed tones in markets as Russia-Ukraine tensions continue to weigh

Posted: 17 Feb 2022 03:21 AM PST

The mood in FX is reflecting more calm as the dollar has seen gains erased with EUR/USD flat at 1.1373 while the aussie and kiwi are pushing close to the highs for the day at the moment, as outlined earlier here. There was a bit of a knock after the Ukraine accusation came out here but we've quickly

Ukraine government source says shelling from rebel territory 'looks like a provocation'

Posted: 17 Feb 2022 03:09 AM PST

The source says that the shelling from Russian-backed forces at the front line in Eastern Ukraine is not just a routine ceasefire violation and 'looks a lot like provocation'. Just something to be wary about but we'll see how things develop in the coming day(s).

Kremlin says hopes people will not believe fake reports about new Russian invasion date

Posted: 17 Feb 2022 03:07 AM PST

It took weeks to deploy forces for military exercises and it takes time to withdraw them It cannot be done in a day There is a clear timetable to withdraw forces after 'war games' Put informed that certain phases of drills near Ukraine were nearing their end and forces will return w

Russian foreign minister says Moscow will send response to US on security guarantees today

Posted: 17 Feb 2022 01:40 AM PST

The letter is said to be made public, so we'll wait and see as to what the response will be.But there is already a prelude from the Kremlin's earlier remarks in that Russia has found the proposals as unsatisfactory. So, that should be the base that one can expect the response to work off.

Meeting between EU leaders today will not discuss Russia sanctions as it is "divisive"

Posted: 17 Feb 2022 01:31 AM PST

At least this per comment by an EU official, cited by Reuters. The official also says that the bloc has not yet discussed on whether the shelling incidents since the early hours this morning will constitute to a triggering of sanctions on Russia. For now, the official says that they are looking clos

Artillery shelling heard near Donetsk in Eastern Ukraine - witness

Posted: 17 Feb 2022 01:17 AM PST

The witness said that artillery shelling was heard today near Donetsk airport and Elenovka, a village in the Donetsk province, both parts controlled by Russian-backed rebels. No other details were given but that could allude to either of the Russian or Ukrainian accusations earlier.

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