US Market Open: Equities are firmer and crude pulls-back as participants digest Russian sanctions
23 Feb 2022, 11:50 by Newsquawk Desk
- European bourses are firmer, Euro Stoxx 50 +1.0%, with gains relatively broad based though the oil-exposed FTSE 100 lags given benchmark pricing.
- US futures, ES +0.6%, are also firmer as newsflow is comparably slower and as participants also take impetus from sanctions being less-stringent than some feared.
- EU Ambassadors have approved sanctions on Russia & US Secretary of State Blinken said it doesn't make sense to meet with Russian Foreign Minister Lavrov...