NATO Secretary General Jens Stoltenberg said on Thursday that the defensive alliance is concerned that Russia is trying to stage a pretext for an invasion of Ukraineas reported by Reuters.
Stoltenberg has gone on to say that NATO has intelligence that Russia is trying to stage a false flag operation and reiterated that NATO nations remain concerned because they have not yet seen signs of withdrawal of the Russian troops.
market reaction
Amid geopolitical news pointing to the risk of a military escalation between Russia and Ukraine, markets remain defensive ahead of the start of the American session. S&P 500 futures are currently trading down around 0.3% on the day, although they remain range bound on Wednesday and above the 4,450 level.
Source: Fx Street
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