Kremlin spokesman says Russia will not cave in to pressure from the West

Headlines out on Reuters 10 April

• we are seeing very negative moves on Russian markets
• moves partly emotional, partly market trends

Market trends? RTS Index down 5% while other global equity markets on the rise again this week.

• there will be a market correction
• not appropriate to make hasty decisions on US sanctions
• Russia has not given up on diplomatic efforts
• position of USA and others on reported chemical weapons attack in Syria is not constructive

More comments from Russia as the RUB slides, albeit making some sort of recovery since earlier lows where USDRUB posted 64.00 as the RTS got sold off. Currently 62.26.