The UK military intelligence sources reportedly said on Thursday, the Russian invasion of Ukraine has largely stalled on all fronts.
Russian forces have made minimal progress on land, sea or air in recent days.
They continue to suffer heavy losses.
Ukraine resistance remains staunch, well-coordinated.
Risk sentiment got a fresh lift on the above headlines, as the S&P 500 futures spiked to daily highs of 4,366. The US dollar index turned south once again while AUD/USD consolidates the latest upside above 0.7300.