Crimea bridge blast: Russian Presi. Putin accuses Ukraine, calls it terrorism
|A blast occurred on Saturday on the bridge over the Kerch Strait in Crimea, which is a major supply route for Moscow's forces in southern Ukraine.
In response, Russian President Vladimir Putin accused Ukraine of orchestrating that attack and called it an act of terrorism.
Key quotes
"There is no doubt. This is an act of terrorism aimed at destroying critically important civilian infrastructure,"
"This was devised, carried out and ordered by the Ukrainian special services."
Putin is scheduled to hold a meeting of his security council on Monday.
Meanwhile, Russia’s Security Council Deputy Chairman Dmitry Medvedev said, "Russia can only respond to this crime by directly killing terrorists, as is the custom elsewhere in the world. This is what Russian citizens expect.”
Market reaction
The market’s risk perception remains negative at the start of the week, with Chinese traders returning and digesting the country’s Services sector contraction. Investors also trading with cautioin amid aggressive Fed rate hike bets and pre-US inflation anxiety. The S&P 500 futures are down 0.32% on the day while the US dollar index is losing 0.10% so far, trading at 112.70, as of writing.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.