US orders families of all US embassy staff in Kyiv to leave Ukraine

Sky News reported that “the US has ordered the families of all staff at the US Embassy in Kyiv to leave Ukraine amid heightened fears of a Russian invasion”.

This follows news earlier today that “the UK has accused Russian President Vladimir Putin of plotting to install a pro-Moscow figure as head of Ukraine’s government”, according to the BBC:

Meanwhile, the US State Department has told dependents of US embassy staff in the Ukrainian capital that they must leave the country and said non-essential employees may also leave. at government expense, reports Sky.

Additionally, US President Joe Biden is weighing the implications of deploying warships and aircraft to NATO allies as well as deploying several thousand US troops to the Baltics and Eastern Europe. East.

Market implications

Safe havens should benefit, such as gold, the US dollar, the yen and, to a lesser extent, the CHF (given the euro’s vulnerability to escalating tensions and soaring prices gas in the face of tight supplies from Russia; any subsequent weakness in the euro would concern the Swiss National Bank). As it stands, the US dollar is outperforming.

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