Advertisement
UK markets close in 11 minutes
  • FTSE 100

    7,964.57
    +32.59 (+0.41%)
     
  • FTSE 250

    19,897.82
    +87.16 (+0.44%)
     
  • AIM

    743.93
    +1.82 (+0.25%)
     
  • GBP/EUR

    1.1700
    +0.0031 (+0.27%)
     
  • GBP/USD

    1.2634
    -0.0004 (-0.03%)
     
  • Bitcoin GBP

    56,117.13
    +1,823.53 (+3.36%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,251.73
    +3.24 (+0.06%)
     
  • DOW

    39,785.63
    +25.55 (+0.06%)
     
  • CRUDE OIL

    82.48
    +1.13 (+1.39%)
     
  • GOLD FUTURES

    2,234.40
    +21.70 (+0.98%)
     
  • NIKKEI 225

    40,168.07
    -594.66 (-1.46%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,496.93
    +19.84 (+0.11%)
     
  • CAC 40

    8,214.06
    +9.25 (+0.11%)
     

Euro falls, safe-haven bonds rally on Putin comments

Illustration shows Euro banknotes and torn EU flag

LONDON (Reuters) - The euro fell and safe-haven bond markets in the euro area rallied on Wednesday, after Russian President Vladimir Putin accused the West of engaging in nuclear blackmail against Russia.

The euro fell to as low $0.9885 and was last down 0.7% on the day.

Safe-haven bonds rallied, pushing yields down. The two-year German bond yield was last down 7 basis points on the day at 1.66%.

In a speech announcing a partial mobilisation for the country's military campaign in Ukraine, Putin also said that Russia had "lots of weapons to reply" to what he called Western threats and said that he was not bluffing.

(Reporting by Dhara Ranasinghe; editing by Amanda Cooper)