Ukraine to US: Need 500 Javelins and 500 Stingers per day – CNN

Dhwani Mehta FXStreet

Beefing up its wishlist of military assistance from the US government, Ukraine has now asked for hundreds more anti-aircraft and anti-tank missiles than previously requested, CNN reports on Friday, citing an unnamed source with knowledge of both requests.

Additional takeaways

“The Ukrainians have submitted similar lists in recent weeks but a recent request provided to US lawmakers appears to reflect a growing need for American-made Stinger anti-aircraft missiles and Javelin anti-tank missiles -- with Ukraine saying it urgently needs 500 of each, daily.”

“In both cases, Ukraine is asking for hundreds more missiles than were included in a similar list recently provided to US lawmakers.”

Market reaction

Amidst prolonging Russia-Ukraine conflict and stronger NATO response to Russia, the market mood remains damp, reflective of negative Asian stocks. The S&P 500 futures are trading little changed on the day, around 4,520.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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