*GAZPROM NEFT, ROSNEFT, TRANSNEFT SAID TO FACE EU FINANCING CURB

That is the headline which just came in on Bloomberg.

Russia stated many times that the sanctions will work both ways. What is the EU thinking here? Winter is coming. Pretty dangerous game the EU are playing and it seems like it is really playing into America’s hands with all this Ukraine situation and hurting both Russia and EU from the other side of the world.

EURUSD about 10 points lower, nothing major and still in the same range. USDRUB pretty much unfazed.