Sh*t, meet fan. @PriapusIQ here, running the @ForexLive feed during the European session.

Morning all, PiQ here. What a time for Justin to have a day off!

I’ll keep this short as the situation is highly fluid in UKR/RUS, and whatever I say will likely be out of date within the hour.

Eamonn has been doing a spectacular job keeping you all up to date during the APAC session.

It’s going to be a news-driven day, and as such, I’m pre-warning you that UKR/RUS news will take up the vast majority of today’s feed. I won’t be apologising for this.

It’s Risk-Off everywhere, stocks sold, oil up, as one would expect.

Here are some assorted markets for you (obviously, we still have a while to go before the European open).

Markets will be extremely volatile, and liquidity Liquidity Liquidity refers to the extent of a financial instrument’s ability to be bought or sold without causing price fluctuations. Thus, if an asset is extremely liquid, it means one can trade that asset in the knowledge that one’s specific dealing won’t create significant movements in the market.This is because there exists such a large number of traders going both long and short, generating huge volume for that particular asset. Liquidity in the FX MarketTake the example of the foreign exchange marke Liquidity refers to the extent of a financial instrument’s ability to be bought or sold without causing price fluctuations. Thus, if an asset is extremely liquid, it means one can trade that asset in the knowledge that one’s specific dealing won’t create significant movements in the market.This is because there exists such a large number of traders going both long and short, generating huge volume for that particular asset. Liquidity in the FX MarketTake the example of the foreign exchange marke Read this Term will be awful, so trade accordingly.

Finally, I think it’s essential we also try and remember that, at the end of the day, this is an absolutely terrible situation, and many innocent people are currently paying a horrific price. Over the past 20yrs, I’ve traded many disasters, don’t lose sight of the human element.

Keep it tight