European shares started January 25, 2022, Tuesday’s session with gains, recovering from the previous day’s selling, as investors focused on corporate earnings and waited for the US Federal Reserve’s monetary policy decision due to be announced on Wednesday.
Biden: European leaders agree on the position on the invasion of Ukraine
As investors focused on eastern European tensions, US President Joe Biden told reporters that European leaders showed “complete alignment” in today’s call to Ukraine. As Biden said
“I had a very, very good meeting, unanimously, with all the European leaders,” he promised to provide more information at a later time.
Biden’s comments come after the European Union called on Russia to defuse tensions with Kiev, warning Moscow of dire consequences if it chose to attack.
In the same context, Ukrainian Defense Minister Oleksiy Reznikov stated that it is unlikely that Russia will invade Ukraine in the near future. Reznikov also made it clear that Moscow had not yet struck or taken steps that would make Kiev believe it would “launch an attack tomorrow”.
However, some world powers have expressed fears of an increase in Russian forces near its border with Ukraine, with thousands of American troops remaining on alert to help Washington’s allies in the face of a possible Russian invasion.
European Stocks Jan 25 2022
Has risen FTSE 100 by 0.82% at 08:00 a.m. GMT. Jump CAC 40 . index by 1.22% at 08:00 GMT.
Lost euro vs dollar down 0.16% to trade at 1.13025 at 08:01 AM GMT. The pound was also traded steadily compared to the US currency, as it recorded 1.34844 at the same time.
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