Log biggest gain in more than a year on signs of potential Russia-Ukraine 'climbdown'
Europe relies on Russia's natural gas to help heat millions of homes, generate electricity and power factories
Russia says some forces rebasing after build-up near Ukraine; NATO calls on Russia to prove will to de-escalate with actions on the ground
Oil races to prices not seen since 2014
NATO said that it has not seen any sign of de-escalation on the ground from the Russian side with regard to Ukraine
An invasion could begin at any time, said White House in relation to the face-off between Russia and Ukraine. Vedanta has signed up with Foxconn to manufacture semiconductors in India
Putin said that Russia is ready to engage in talks on limits on the deployment of intermediate range missiles in Europe
Spot gold was down 1.3% to $1,846.46 per ounce by 1318 GMT, after hitting its highest level since June 11 at $1,879.48
After the news of Russian troops near Ukraine returning back to their bases, Euro marches higher on Tuesday, almost wiping out Monday losses, while Yen still struggles.
With the reports of Russian troops near Ukraine returning to their base, thereby easing the Russia-Ukraine tension, the Gold prices fall by 0.8% after reaching 8-month high prices.
The MSCI world equity index, which tracks shares in 50 countries, was up 0.3% on the day at 1203 GMT, its first gain after three days of drops, each exceeding 0.9%
In another possible sign that the Kremlin would like to lower the temperature, Russia announced that some units participating in military exercises would begin returning to their bases
India is a driving force of the Quad and an engine for regional growth, says White House, days after the Quad met in Melbourne to discuss issues such as tensions between Russia Ukraine.
LONDON (Reuters) - European stocks opened slightly higher on Tuesday, the dollar eased and gold was just below an 8-month high as investors remained focused on the risk of Russia invading Ukraine.
Brent crude fell $2.35, or 2.4%, to $94.13 by 0912 GMT. U.S. West Texas Intermediate (WTI) crude dropped $2.00, or 2.1%, to $93.46
Against the greenback, the single currency climbed 0.4% to $1.1346, and within striking distance of Monday's high of $1.1369 as European stock futures rebounded on the news
White House Principal Deputy Press Secretary Karine Jean-Pierre told reporters on Monday that the US is actively working to reach a diplomatic solution to de-escalate the crisis
Russia's Interfax news agency said that while large-scale drills across the country continued, some units of the Southern and Western military districts have started returning to base
Brent crude futures were at $95.60 a barrel by 0747 GMT, down 88 cents, or 0.9%, after rising $2.04 on Monday
Spot gold was up 0.4% at $1,877.96 per ounce, as of 0639 GMT, after hitting its highest level since June 11 at $1,879.48 earlier. U.S. gold futures rose 0.6% to $1,880.20