- Delegates from Ukraine and Russia will meet in Turkey to discuss the war. European stock markets are rallying. The DAX hit its highest level since late February.
- Gold and silver are down on the session due to the sharp rebound in the US dollar.
- The British pound is weaker across the board as Andrew Bailey, the governor of the Bank of England, said they will issue cautious guidance on account of the global uncertainty.
- WTI and Brent crude are lower as dealers are fearful about demand. Shanghai has imposed a lockdown due to rising coronavirus cases.