Russian troops advance in Ukraine

News of the day, Friday, February 25

European stock markets have rebounded slightly upwards after the start of the broad Russian invasion in Ukraine. Yesterday’s decline in European index futures seemed rather tragic, but just a day after it seems to calm down. The DAX futures traded 0.1% higher, CAC 40 futures is up 1.5% and FTSE 100 futures rose 1.1%. US stock market has decreased together with European but then healed after Joe Biden has announced new sanctions against Russia. Sanctions are promised to severely damage the Russian economy. However, they would not cover oil and gas exports or international banking system SWIFT disconnection since such measures could worsen the economic growth of Western countries.

President Volodymyr Zelenskiy asked Western countries for help to protect Ukraine from Russian assault. The missiles are exploding in Kyiv, the capital of Ukraine. Air raid sirens wedge people in the subway where hundreds of people with children hide from danger.

The price of Brent crude is $96.63, WTI — $93.95, GBP/USD — 1.3383, EUR/USD — 1.1185, and gold costs $1911.00 per ounce.