Ukraine president Zelensky is on the wires saying:
- No flies zone is not about drawing NATO countries into war
- Pres. Biden told me it wasn't time yet to introduce a no flies 01
- If Ukraine falls, then Russian troops will be on NATO borders
- No flies zones is a preventative sanction
- First need to complete cease-fire to sit down at the negotiating table
- If partners don't want us in NATO, we need security guarantees
- Security guarantees must be legally enforceable
- I like to believe that war will not last long
- Partners need to act fast
Meanwhile,
- crude oil remains well elevated with the price currently trading at $104.06. The high price reached $104.93 so far.
- The price of gold is now up $18 or 0.94% at $1926.67
- The price of bitcoin reach the highest level since February 10 at $44,981.22. The price has since backed off and currently trades at $43,558.42
US stocks are moving lower with all major indices trading lower:
- Dow industrial average is down -458 points or -1.35% at 33436
- S&P index is down 40 points or -0.92% at 4334.80
- NASDAQ index is down -83.8 points or -0.61% at 13667
- Russell 2000 is down -25.21 points or -1.23% at 2022.61