The euro hit five-month highs on Wednesday on Ukraine’s willingness to accept a month-long ceasefire, while stocks rose on renewed US tariff plans and concerns about a slowing US economy.
European futures jumped 0.8 percent and FTSE futures rose 0.3 percent after the US said it would restore military aid and intelligence sharing to Ukraine after Kiev said it would accept a US ceasefire proposal.
Russia has yet to respond.
The euro hit its highest level since October in New York trading at $1.0947 and was steady at $1.0913 in Asian trade. The Russian ruble rose overnight to its highest level in seven months, reports SEEbiz.
