Oil and gold advanced, palladium traded at the highest level since 2011, and European index futures dropped with Asian stocks as the United Nations Security Council met to discuss worsening violence in Ukraine. The euro dropped on prospects for more stimulus.
Russia and the U.S. traded barbs at an emergency meeting of the United Nations Security Council as a deadline neared for pro-Russian separatists to leave buildings they occupied amid escalating violence in eastern Ukraine.
It’s unlikely the U.S. president will be shopping on First Aeroportovskaya Street in Moscow anytime soon. Just in case, Magazin Myod, a small store selling honey and beeswax, has a sign on its door saying, “Sanctions: Barack Obama is prohibited from entering.”