The ruble rose for the first time in four days and bonds advanced as the U.S. signaled it won’t impose additional sanctions before talks on Ukraine tomorrow. The benchmark stock index moved between gains and losses.
Stocks gained around the world, led by the biggest jump in Japanese stocks in eight weeks, amid a rebound in technology shares and speculation China may do more to combat slowing growth. New Zealand’s dollar dropped while nickel fell and Russia’s ruble climbed.
U.S. President Barack Obama and Russian President Vladimir Putin remained at odds over Ukraine as fighting between pro-Russian separatists and government forces highlighted instability in the country’s east.
U.S. President Barack Obama warned Russian President Vladimir Putin of further consequence over Ukraine after clashes between pro-Russian separatists and government forces in the east of the country turned deadly.
European officials weighed expanding sanctions against Russia over Ukraine, where they say the government in Moscow is stoking deadly separatist unrest with the same methods it used to destabilize and annex Crimea.