Russia does not want to attack Ukraine - RUS50 rebounds

RUS50 index is clearly rebounding during today's session, erasing almost all yesterday's losses and significantly reduced the loss compared to last week's high.We wrote more about the sale yesterday.

Russia's deputy minister of foreign affairs, Ryabkom, indicated that constructive talks had been held with the US and Europe. Russia has assured that it does not want to attack Ukraine and does not expect any militant clash in Europe in the near future. At the same time, the Kremlin points out that the military exercises of Russia and Belarus should not be interpreted as an intention to invade Ukraine. At the same time, Russia claims that withholding the accreditation of Nord Stream II makes Europeans suffer from high gas prices. Of course, the truth of these words is difficult to assess, but at least for the moment the market is recovering from the recent declines. It is worth recalling that at the end of last year it was speculated that Russia would attack Ukraine in January or February. There was a significant concentration of the Russian army on the border with Ukraine.

RUS50 -despite today's rebound, the divergence with oil still remains very significant. Source: xStation5