European stock market indices and US index futures jumped shortly after the start of the European cash trading session. Russia said that its troops are withdrawing from the Ukrainian border as military drills have been completed. This contradicts overnight reports based on satellite data saying that the presence of Russian soldiers increased near the border with Ukraine. Nevertheless, markets are reacting positively to this news. DE30 jumped over 200 points while US500 gained 40 points.
DE30 jumped after Russia said that its troops are returning from the border. Index broke above the 15,100 pts resistance zone. Source: xStation5
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