Global stocks pressured, markets on high alert for any escalation in Ukraine crisis

Global stocks sinking as Ukraine crisis deepens in the latest moves from the Kremlin.
Western nations will retaliate with sanctions over Russia.

Ross J Burland FXStreet

Global stocks are under pressure again following Russian President Vladimir Putin ordering troops into breakaway regions of eastern Ukraine. As the conflict over Ukraine appeared to worsen, US equities futures and European stocks lost further ground with the Stoxx Europe 600 index having dropped to its lowest point since October. Futures on 10-year US Treasury notes increased, also representing investors' appetite for safe havens.

S&P 500 futures lost 1.5%, Nasdaq futures fell 2.2%. The MSCI's broadest index of Asia Pacific shares outside Japan fell 1.44%, pulled lower by markets in Hong Kong and mainland China. Japan's Nikkei (NI225) shed 2%.

Vladimir Putin signed a decree that recognises Donetsk and Luhansk in Eastern Ukraine as independent states. Additionally, Putin ordered troops to move into the region on a peacemaking patrol. The US expects Russian troops could move into the Donbas region of Ukraine as soon as Monday evening or Tuesday eastern time.

In response to the Kremlin's actions today, the West is promising to respond with sanctions. US President Biden signed an executive order Monday imposing sanctions that target two Russia-backed breakaway republics in eastern Ukraine.

Nikkei 225

Overview
Today last price	26599.5
Today Daily Change	0.00
Today Daily Change %	0.00
Today daily open	26599.5

Trends
Daily SMA20	27154.45
Daily SMA50	27971.42
Daily SMA100	28440.57
Daily SMA200	28548.63

Levels
Previous Daily High	27047.37
Previous Daily Low	26564.43
Previous Weekly High	27572.25
Previous Weekly Low	26801.37
Previous Monthly High	29387.88
Previous Monthly Low	26254.39
Daily Fibonacci 38.2%	26748.91
Daily Fibonacci 61.8%	26862.89
Daily Pivot Point S1	26426.83
Daily Pivot Point S2	26254.16
Daily Pivot Point S3	25943.89
Daily Pivot Point R1	26909.77
Daily Pivot Point R2	27220.04
Daily Pivot Point R3	27392.71

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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