The pound has strengthened further against the euro, hitting its highest level since the Brexit referendum earlier this morning, but is weaker against the dollar.
This follows further escalation in Ukraine after reports that Russia has now seized a nuclear power plant in the south of the country, the largest in Europe.
French President Emmanuel Macron spoke to Russian President Vladimir Putin yesterday in a bid to ease tensions. Nonetheless, Putin said the invasion will continue “until the end”, adding that he would achieve his goals of “neutralisation, demilitarisation and de-Nazification” of Ukraine by military or diplomatic means.
Ukrainian President Volodymyr Zelensky has called for direct talks with Putin, saying it is the “only way to stop this war”.
In the business world, the big data releases today are US non-farm payrolls and unemployment rate.
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