US indices finished yesterday’s trading lower. S&P 500 dropped 0.30%, Dow Jones declined 0.20% while Nasdaq moved 0.72% lower. Russell managed to finish the day 0.34% higher

Moods during the Asian session improved. Nikkei gained 0.5%, S&P/ASX 200 jumped 0.6% and Kospi added 0.3%. Indices from China traded mixed

DAX futures points to a slightly lower opening of the European cash session

Secretary General of NATO announced massive expansion of its Response Force from current 40 thousand to “well over” 300 thousand troops, with majority in Eastern Europe as tensions with Russia are on the rise

EU energy commissioner Kadri Simson said that serious disruption to EU gas supplies from Russia looks likely

Reuters reports that ECB is considering a new bond buying scheme in order to cap yields while at the same time introducing new measures to drain liquidity from the markets to offset impact of bond purchases. Announcement may come at next meeting (July 21, 2022)

Vice-President of National Development and Reform Commision of PRC, Chinese state planner, said that country will not resort to flood-like stimulus

Moody’s says that Russia’s failure to make a coupon payment, after the grace period ended on Sunday, is a default. Rating agency says that it is likely that Russia will fail to make payments on future coupons as well

Libya warned that due to the unstable political situation it may suspend part of oil exports in the next few days. Exports would be suspended from 4 export terminal with a total capacity of 630k barrels per day

Small declines can be spotted across the cryptocurrency market. Bitcoin trades 0.1% lower while Ethereum drops 0.9%

Brent and WTI trade around 0.8% higher each. Gold and silver gain 0.2% each

CAD and AUD are the best performing major currencies while NZD and CHF lag the most

EUR did not experience any bigger reaction to media reports on new ECB measures as details remain scarce. Main currency pair continues to test the upper limit of a recent trading range at 1.0580, this time as a support.