Put the golf bags back in the garage lads as you’re putting in some overtime.

The foreign ministers of Russia, Ukraine, France and Germany will be meeting on Sunday to talk about the current situation.

“Whether square or round table, we need to talk,” Said Ukraine’s Pawel Klimkin

Details from Der Spiegel (h/t Bud)

We’ve seen a mild bounce in risk currencies but US stocks and bonds are still on their downers

And just so risk trades don’t get too comfortable Russia’s defence ministry tells his US counterpart that Russia is concerned over increased NATO and US activity near Russia’s border.

Looks like someone is having a nose around.