World stocks recover as Putin eases tensions a bit


Global equity markets are rallying following sharp losses yesterday after Russia threatened a full-scale invasion of Ukraine and the U.S. rejoindered with the threat of sanctions.

Sentiment has been helped today by what could be interpreted as a de-escalation of tensions by Russian President Vladimir Putin, who ordered some forces back to their bases after a surprise training exercise that began last week.

However, there don't seem to be any major new developments regarding Russian soldiers in Crimea, where they have been surrounding Ukrainian army bases and controlling airports.

Russian's MICEX is +4.9%, while the USD-RUB is -0.7% at 36.223 rubles.

Japan +0.5%, Hong Kong +0.7%, China +0.2%, India +1.3%.

Euro STOXX 50 +1.2%, London +1.1%, Paris +1.4%, Frankfurt +1%, Milan +1.7%, Madrid +1%.

U.S. stock futures: Dow +0.8%. S&P +0.7%. Nasdaq +0.75%

Gold is -0.8% and crude is -1.05%.

Comments (3)
  • Regarded Solutions
    , contributor
    Comments (20531) | Send Message
     
    "....there DON'T seem to be...."

     

    Is that correct grammar? It don't look right too mee.
    4 Mar 2014, 06:53 AM Reply Like
  • Quixote73
    , contributor
    Comment (1) | Send Message
     
    Looks like President Obama's weak (per the right-wing carping machine) approach may be bearing some fruit. If he'd listened to the conservatives we'd be on our way to WW III - and the inevitable End Of Days. Wouldn't that be exciting?
    4 Mar 2014, 01:07 PM Reply Like
  • Hendershott
    , contributor
    Comments (1784) | Send Message
     
    With the British and Germans unwilling to consider sanctions or any other actions, what exactly, are we doing there? We're being led around by the nose by Lindsay Graham and John McCain.
    4 Mar 2014, 04:49 PM Reply Like
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