- On Tuesday, global equities rose and haven trades faded on hopes that geopolitical tensions in Ukraine would ease.
- Futures in the United States rose after Russia announced the start of a drawdown of some soldiers following drills that sparked fears of a military attack on its neighbour. The German chancellor, Olaf Scholz, is meeting with Russian President Vladimir Putin in order to continue diplomatic efforts.
- Energy stocks in Europe underperformed as oil prices fell from their highs in 2014 and natural gas costs fell as the crisis eased. The dollar and gold dropped as treasury yields rose. The ruble surged.
- Meanwhile, iron ore prices fell as China intensified its attempt to keep prices from rising too high.
-Russian Foreign Minister Lavrov: Russia's response to the United States will be published soon.
- Putin: Energy cooperation with Germany is a top priority; Russia is a reliable energy provider - RIA
- Russian Foreign Minister Lavrov, on securities talks: A positive outcome is possible.
- ZEW Survey: More than half of experts now expect short-term interest rates in the euro area to rise in the next six months.
- EU's Foreign Min. Borrell: If Russia and Ukraine go to war, Nordstream 2 will not be able to function.
