Overnight Market Brief – 28 March 2022

US officials and allies attempted damage control after Joe Biden called for Vladimir Putin to be ousted. Talking in Warsaw, the US president closed his address with: “For God’s sake, this man cannot remain in power.” Antony Blinken said the US doesn’t have a strategy of regime change, while a UK minister said Putin’s future should be up to the Russian people. Emmanuel Macron said he wants to avoid escalation with Moscow. Kremlin spokesman Dmitry Peskov said the insults “narrow the window of opportunity for normalizing dialogue.” Talks between Ukrainian and Russian negotiating teams will resume this week.

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