While the Ukraine president's office says Porshenko and Putin agreed to a cease-fire in eastern Ukraine, a Kremlin spokesman says the two only discussed steps to facilitate a cease-fire. "Russia can't negotiate a cease-fire because it isn't a party to the conflict" ... and so it goes.
Major U.S. stock index futures are all ahead about 0.45%, and Europe's Stoxx 50 (NYSEARCA:FEZ) is up 1.3%. The Hang Seng's 2.3% gain led Asia higher overnight.
The 10-year Treasury yield is up three basis points to 2.45% and gold is up $3 per ounce to $1,268.