Russia's Foreign Minister Sergei Lavrov claimed on Friday that Ukrainian President Zelenskyy was lying when he said he was ready to discuss the neutral status of Ukraine, Reuters reported, citing Interfax news agency.

Additional takeaways

"Russia does not see the possibility to recognise the current government in Ukraine as democratic."

"No one is planning to occupy Ukraine."

"Russia wants Ukrainian people to be independent."

"Russia will ensure demilitarisation of Ukraine."

Market reaction

Investors remain cautious following these remarks and the US Dollar Index stays in the positive territory above 97.00.