Standard & Poor's affirmed its ratings on Russia Friday, providing relief to markets that had feared a downgrade.» Read More
*NATO source says more than 1,000 Russian troops in Ukraine. MOSCOW/ DONETSK, Ukraine, Aug 29- Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a' humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled.
*NATO source says more than 1,000 Russian troops in Ukraine. MOSCOW/ DONETSK, Ukraine, Aug 28- Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a' humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled.
President Barack Obama said there will not be military action in Ukraine, and that there is no current plan to deal with ISIS.
Dennis Gartman of the Gartman Letter and CNBC's Michelle Caruso-Cabrera react to geopolitical issues. Gartman says the U.S. has been far too complacent.
*NATO source says more than 1,000 troops in Ukraine. Earlier he said he had canceled a visit to Turkey because of the "rapidly deteriorating situation" in the eastern Donetsk region, "as Russian troops have actually been brought into Ukraine".
CNBC's Michelle Caruso-Cabrera, reports the latest from the conflict in Ukraine after the country's president accused Russia of a "direct invasion." Caruso-Cabrera shows photos of Russian forces inside Ukraine.
LONDON, Aug 28- European shares took a sharp tumble on Thursday as accusations by Ukraine that Russia had moved troops across the border brought a three-day global rally in risk assets to a shuddering halt. Ukrainian President Petro Poroshenko said Russian forces had entered Ukraine, and he convened his security and defense council to decide how to respond.
*Cushing up 508,000 bbls- EIA. NEW YORK, Aug 27- Crude oil futures settled flat after choppy trading on Wednesday, following a report that showed declining U.S. gasoline demand in the world's top oil consumer and a build at the key Cushing, Oklahoma, storage hub.
*Ukraine says more Russian soldiers crossed border in east. KIEV/ DONETSK, Ukraine, Aug 27- Ukraine accused Russia of launching a new military incursion across its eastern border on Wednesday, as hopes quickly faded that Tuesday's talks between their two presidents might mark a turning point in a five-month-old crisis.
The Russian attack in an unbreached part of eastern Ukraine is causing panic and retreat in a wide swath of territory. The NYT reports.
*Cushing up 508,000 bbls- EIA. In its weekly report, the U.S. Energy Information Administration said U.S. crude oil stocks fell by a greater-than-expected 2.07 million barrels last week, but inventories at Cushing, the delivery point for U.S. crude futures, rose 508,000 barrels.
*Russia halted gas flows to Ukraine in June. KIEV, Aug 27- Ukraine warned Europe on Wednesday that Russia could cut off gas to the continent this winter, but Moscow responded that the supply of gas would continue regardless of politics.
*Cushing up 508,000 bbls- EIA. LONDON, Aug 27- Brent crude oil rose towards $103 a barrel on Wednesday, recovering from a 14- month low hit last week as traders monitored maintenance work in the North Sea and as U.S. crude oil inventories fell.
*FTSEurofirst 300 flat, Euro STOXX 50 down 0.2 pct. *Seadrill falls after below-forecast earnings. Declines in individual shares included UK grocers Sainsbury and Tesco slipping 2.2 percent and 1.3 percent respectively after data from Kantar Worldpanel showed UK grocery market sales rose 0.8 percent in the 12 weeks to Aug. 17, a 10- year low.
*Russia halted gas flows to Ukraine in June. *But supplies via Ukraine intended for EU have kept flowing. KIEV, Aug 27- Europe faces the increasing threat of a disruption to gas supplies from its main provider Russia this winter due to the crisis in Ukraine, through which almost half of supplies flow.
*Euro hits lowest since January 2013 against Swiss franc. LONDON, Aug 27- The euro fell broadly on Wednesday, hitting a 19- month low against the Swiss franc, as speculation that the European Central Bank will resort to quantitative easing was fuelled by yet more bad news from the euro zone.
*FTSEurofirst 300 up 0.05 pct, Euro STOXX 50 down 0.2 pct. *Seadrill falls after below-forecast earnings. *Marine Harvest results hit by Russian sanctions.
LONDON, Aug 27- Brent crude oil rose towards $103 a barrel on Wednesday, recovering from a 14- month low hit last week as traders monitored maintenance work in the North Sea, although healthy global supplies limited gains.
*Stocks buoyant, but Europe pauses for breath. LONDON, Aug 27- The euro extended its slide on Wednesday, hitting its lowest level in a year against the dollar as expectation grew that the European Central Bank will act soon to counter low growth and inflation.
*FTSEurofirst 300 up 0.02 pct, Euro STOXX 50 down 0.1 pct. *Marine Harvest results hit by Russian sanctions. Marine Harvest, the world's largest salmon farmer, said it expected Russian sanctions to pose short-term challenges.