• just south of the rebel stronghold of Slaviansk

News just out on Reuters

Head of anti-terrorism Vasyl Krutov has told a news conference:

There is gunfire and clashes around Kramatorsk. What we are facing in the Donetsk region and in the eastern regions is not just some kind of short-lived uprising, it is in fact a war

With events continually escalating it is difficult to see how the opening Asian market prices tomorrow can not be affected, albeit in these frequently irrational markets, by some safe-haven buying of the current favourites, yen , swiss and kiwi.

Sad times indeed.

I’m out of here now for a busy week-end of football and festivities. I hope you enjoy yours, wherever it may take you.