UK Defence Intelligence Chief: Contrary to Russia's claims, it continues to build capabilities near Ukraine

The Chief of UK Defence Intelligence Jim Hockenhull said on Wednesday that, contrary to Russia's claims, it has continued to build up its military capabilities on the Ukrainian border and we have not seen any evidence that Russia has withdrawn troops, according to Reuters. Reuters said that public comment from Hockenhull is "rare". 

Market Reaction

The commentary from UK intelligence is in fitting with commentary from the US and various Eastern NATO members, as well as Ukrainian officials, and is keeping investors nervous, though there hasn't been any reaction to the latest headlines.