Here is what you need to know. Russia and Ukraine have a temporary gas deal in place. The overnight agreement will supply Ukraine with gas for the month of March. “Under the deal sealed in Brussels, Ukraine’s Naftogaz will pre-pay and order sufficient quantities of gas to ensure all domestic consumption for March and guarantee undisrupted supplies to the EU,” the AP’s Lorne Cook notes. Russia’s ruble is stronger by 0.5% at 62.23 and Ukraine’s hryvnia is up 8.5 % at 24.25. German retail sales surged. Today’s 2.9% month-over-month jump in sales was the best gain in seven years. The …read more
Source: Business Insider
