Russia's Rudenko: Talks with Kyiv are not going on in any form

Citing Interfax news agency, Reuters reported on Tuesday that Russian Deputy Foreign Minister Andrey Rudenko said they were currently not holding talks "in any form" with Ukraine.

"No, negotiations are not going on. Ukraine has practically withdrawn from the negotiation process," Rudenko noted.

Market reaction

Risk flows continue to dominate the financial markets despite these comments. As of writing, the Euro Stoxx 600 Index was up 1.6% on the day, the UK's FTSE 100 Index was gaining 0.7% and US stock index futures were rising between 1% and 2%