US National Security Advisor Sullivan: US doesn't think Russia's Putin has made final decision on invasion

Joel Frank Independent Analyst

US National Security Advisor Jake Sullivan pushed back against the earlier report via PBS that the US believes Russia President Vladimir Putin had decided to order an invasion of Ukraine. He said the report "does not accurately capture" what US intelligence believes, saying that they don't think a final decision has been made yet, though such a decision may come soon. Sullivan added that Russia has all the forces it needs to pursue major military action against Ukraine.

Market Reaction

As Sullivan pushed back against the earlier report from PBS, the risk-off move did see a very minor, temporary reversal, though this was short-lived. The S&P 500, for example, is back again to session lows in the 4420s, now down some 1.7% on the day.

Author

Joel Frank

Independent Analyst

Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst since 2018, specialising in the coverage of how developments in the global economy impact financial asset

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