- European equities fell as traders questioned the likelihood of a diplomatic meeting between US President Biden and Russian President Putin.
- After the Kremlin stated there are "no clear arrangements" for a summit between Russian and US presidents, the Stoxx Europe 600 index plummeted to its lowest level in a week, erasing a gain at the open. S&P 500 contracts varied, while the Nasdaq 100 contracts fell somewhat.
- Russia's force buildup near Ukraine, as well as diplomatic efforts to draw both sides back from the brink of conflict, are causing market volatility. Biden and Putin have agreed in principle to hold a summit, according to France. The summit will only take place if Russia does not attack Ukraine, according to US officials, despite Russia's repeated denials.
- The dollar fell along with the Russian ruble, alongside Russia's MOEX Stock Index falling 9.2% over tensions. Brent oil prices remained stable at $93 per barrel.
- There is war in Donbass, the situation is critical - DPR People’s militia.
- DPR forces clash with Ukrainian military unit that attempted to reach the border with Russia - Sputnik.
- The Bundesbank predicts that the German economy will contract again this quarter.
- France's Finance Min. Le Maire: France is prepared for possible ECB rate hikes.
- Kremlin declines to comment when asked if Russia will intervene in Donbass directly if asked to do so by Russian-backed separatists.
- The Kremlin has said that a meeting between Russian and US foreign ministers could take place this week.
