Estonia Foreign Intelligence Chief warns Russia moving 10 new battle groups to Ukraine's border


Estonia's Chief of Foreign Intelligence Mikk Marran said on Wednesday that Russia is moving a further 10 battle groups towards an area near Ukraine where 100 battle groups have already been deployed. The Foreign Intelligence Chief added that Russia is "likely" to launch a "limited" assault against Ukraine, occupying chunks of territory, with an escalation of fighting in the Eastern breakaway provinces "highly likely". The Intelligence Chief warned that Russian success in Ukraine would encourage it to pressure the Baltic states.  

Market Reaction

With markets primarily focused on the recent Fed minutes release at the moment, the latest negative geopolitical headlines haven't dampened sentiment yet, with the S&P 500 having jumped about 30 points over the last 30 or so minutes to now trade flat again on the day. While it might be risk on right now given the dovish minutes, warnings of continued Russian escalation could soon recapture the focus and weigh on sentiment once more.  

Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Feed news Join Telegram

Recommended content


Recommended content

Editors’ Picks

EUR/USD stays in red below 1.0150 after weak US data

EUR/USD stays in red below 1.0150 after weak US data

EUR/USD has managed to stage a modest recovery in the early American session but failed to reclaim 1.0150. The data from the US showed Housing Starts fell by 9.6% in July, limiting the greenback's gains as focus shifts to Wall Street's opening bell.

EUR/USD News

GBP/USD steadies below 1.2050 as dollar rally loses steam

GBP/USD steadies below 1.2050 as dollar rally loses steam

GBP/USD trades with modest daily losses below 1.2050 in the second half of the day on Tuesday. Following the disappointing Housing Starts data from the US, the US Dollar Index retreated from multi-week highs, allowing the pair to limit its losses. 

GBP/USD News

Gold falls toward $1,770 as US yields push higher

Gold falls toward $1,770 as US yields push higher

Gold came under renewed bearish pressure in the early American session and dropped toward $1,770. The benchmark 10-year US Treasury bond yield is up nearly 2% on the day above 2.8%, forcing XAU/USD to continue to push lower.

Gold News

Bitcoin price all but confirms a bearish breakout amid opposing on-chain metrics

Bitcoin price all but confirms a bearish breakout amid opposing on-chain metrics

Bitcoin price shows a confluence of bearish developments that suggests an incoming downtrend. This development could halt the bullish outlook seen in Ethereum and other related altcoins. Bitcoin price is in a classic Wyckoff Distribution Phase.

Read more

FXStreet Premium users exceed expectations

FXStreet Premium users exceed expectations

Tap into our 20 years Forex trading experience and get ahead of the markets. Maximize our actionable content, be part of our community, and chat with our experts. Join FXStreet Premium today!

BECOME PREMIUM

Forex MAJORS

Cryptocurrencies

Signatures