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The United States and its allies sought to step up sanctions pressure on Russia on Wednesday over the deployment of troops in separatist regions of eastern Ukraine
The UK government warned that it stands ready to escalate sanctions on Russia in the event of an invasion of Ukraine and can "keep turning up the heat"
Global oil and liquified natural gas (LNG) prices are likely to see a sharp rise in the event of a Russia-Ukraine conflict, Moody's Investors Service said
'Our country is always open to a direct and honest dialogue and ready to search for diplomatic solutions to the most complicated issues,' says Putin
The top U.S. diplomat canceled a meeting with his Russian counterpart; Kyiv recalled its ambassador and considered breaking all diplomatic ties with Moscow
At the interbank forex market, the local unit opened at 74.64 against the greenback and witnessed an intra-day high of 74.54 and a low of 74.73
The S&P 500 has entered correction territory, as investors reacted to Russian President Vladimir Putin's decision to order troops to breakaway regions of Ukraine, escalating tensions and raising fears of a full-scale invasion, Market Watch reported.
Brent-indexed crude oil prices traded at $94-$95 per barrel, which is at its multi-year high
Closing Bell: The frontline S&P BSE Sensex fell 69 points to settle at 57,232 levels while the Nifty50 shut shop at 17,063 down 29 points
The euro was up 0.1% against the dollar at $1.1340 after hitting its lowest on Tuesday since Feb. 14 at $1.1286
US President Joe Biden has announced a set of sweeping sanctions targeting Russia's ability to do business with the West
Global stocks broke a four-day slide and demand for safe-haven assets waned on Wednesday
Brent crude rose 11 cents, or 0.01%, to $96.95 a barrel at 0730 GMT, after soaring as high as $99.50 on Tuesday, the highest since September 2014
Spot gold was steady at $1,895.43 per ounce by 0731 GMT, after scaling to its highest since June 1 at $1,913.89 per ounce in volatile trade on Tuesday. U.S. gold futures GCv1 shed 0.4% to $1,899.70
Russia on Wednesday welcomed India's "independent position" on the Ukraine crisis
S&P 500 futures were up 0.55% in Asian trade, after U.S. President Joe Biden left the door open to diplomacy as he announced sanctions on two Russian banks and some elites close to President Vladimir
The squeezing of Ukraine's economy is a key destabilising tactic in what the government describes as hybrid warfare intended to eat away at the country from within
Yuan was little changed against the dollar on Wednesday, as traders see limited short-term impact from the Russia-Ukraine crisis, while further western sanctions could benefit currency in long run.
Away from the threat of a full-scale Russian invasion of Ukraine, the New Zealand dollar jumped 0.52% after Reserve Bank of New Zealand raised ROI, stating more tightening could be necessary.
Australia is imposing sanctions on Russia for its recognition of the independence of the Donetsk and Luhansk people's republics (DPR and LPR), Prime Minister Scott Morrison said.