We are still in a window where an attack by Russia against Ukraine could come at any time, the White House warned on Wednesday. An attack could be preceded by a false flag operation or misinformation as a pretext. The White House said it had no new information on attribution for the Ukraine cyber-attack and that the door continues to be open for diplomacy with Russia. The US has a range of options at its disposal if Luhansk is recognised as an independent republic, the White House added. 

Market Reaction

There was no notable reaction to the latest comments from the White House as markets await the release of Fed minutes at 1900GMT.