Reuters cites German Foreign Minister Steinmeier:

  • Talks with Ukraine, Russia and France have produced measures that will point a way toward a multilateral ceasefire
  • Welcomes Russian readiness to allow Ukraine officers access to border checkpoints

A dose of better news from the Ukraine could give a small lift to risk sentiment. At this point any news is good news, CNBC reports that today’s 4 point range in the S&P 500 ties for the narrowest in 20 years.