Stocks Pop, Crude Drops After Reports Of Putin ‘Peace’ Optimism

March 11, 2022   |   Tags:
Stocks Pop, Crude Drops After Reports Of Putin 'Peace' Optimism

After a day of pessimistic headlines yesterday following the first high level peace talks going nowhere, this morning has started optimistically...

InterFax reports that Russian President Putin commented that "there are certain positive developments in the negotiations on Ukraine."

That well-timed headline sent futures surging higher...

10Y yields spiked back above 2.00%...

Spanked gold lower (back below $2000)...

And took the wind out of crude's overnight gains...

Meanwhile WSJ warns that Kiev is bracing for the next wave of attacks.

Tyler Durden Fri, 03/11/2022 - 06:36


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