MARKET UPDATE

[BRIEFING.COM] Equity indices have taken a step back from their best levels of the day in reaction to a Reuters report indicating European officials have reached a preliminary deal to introduce sanctions against Russia's oil and defense sectors.

While the agreement has not been made official yet, the announcement is likely to lead to speculation about a potential boomerang effect on the global economy.

According to the reports, the sanctions will be in place for three months ... More

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