Ukraine asks UN Security Council to convene emergency meeting

Ukraine Foreign Minister Dmtryo Kuleba’s remarks, on geopolitical tensions with Russia recently, have added to the risk-off market sentiment as the diplomat conveyed the emergency meeting request to the United Nations (UN) Security Council.

Ukraine Foreign Minister Kuleba also said, “The plea by separatist leaders to Russia for military support is a further escalation of the security situation.”

Satellite imagery firm Maxar also mentioned new deployments of Moscow’s troops in western Russia. Additionally, the Dnipro International Airport in eastern Ukraine is closed to arrival and departures until 7:00 AM local time Thursday.

As for the market’s reaction, the AUD/USD is considered risk-barometer pair and holds lower ground near 0.7230 amid recent challenges to market sentiment. On the contrary, gold prices remain firmer due to the metal’s safe-haven appeal.