The Kremlin is saying that Istanbul may be the next venue for the next Russia/Ukraine talks.
Trump has been sending warning shots over the bow, calling Putin crazy and saying that he is “playing with fire” in reaction to the recent bombing of Ukraine.
Earlier today, the US State Department spokesman Bruce said the US is ready to exert maximum pressure on Russia. That was hinted at yesterday. The problem is that sanctions have already led to sharply lower trade. We will see what additional pressure they can apply.
This article was written by Greg Michalowski at www.forexlive.com.