1) U.S. Secretary of State agreed to a meeting with Russia’s foreign minister
U.S. Secretary of Antony Blinken has accepted an invitation to meet with Russian Foreign Minister Sergei Lavrov late next week provided Russia does not invade Ukraine, the U.S. State Department said.
2)President Joe Biden on thursday warned on possible attack on Ukraine
President Joe Biden on Thursday warned that the threat of Russia invading Ukraine is “very high,” telling reporters that an attack could come within “the next several days.”
3) Credit Suisse upgrades Thailand to overweight from Market Weight
Credit Suisse sees Thailand’s multiples improved compared to Asian peers and considers baht to be Asia’s most promising currency. Exports are boosting consumption. Although the timing remains uncertain, movement towards a reopening of Asian tourism is accelerating. There are signs that investors are treating Asean as a single asset class, which typically leads to buy-in of Thailand as the region’s most liquid market.
4) Oil falls on prospect of Iran oil sanctions easing
Oil prices retreated on Friday after wild swings during the week, as the prospect of extra supply from Iran returning to the market outweighed fears of a possible Russian invasion of Ukraine, which could disrupt supply.
