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Russia seeks diplomatic solutions to Ukrainian crisis

FXStreet (Bali) - Russia approached the US over the weekend, in an attempt to cool down the territorial dispute in Ukraine.

Vladimir Putin called Barack Obama over the weekend, with further talks between US Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov, due this week, according to Russian State Department spokeswoman Jen Psaki.

As Bloomberg notes: "In an hour-long telephone conversation initiated by Putin, Obama asked for a written response from the Russian leader to a plan that Kerry presented to Lavrov in The Hague earlier this week, according to a statement from the White House."

According to Lavrov, quoted by international newswires: "Moscow has no intention of crossing Ukraine’s borders", although he added that " Russia will protect the rights of Russian speakers in Ukraine."

German FinMin expects rate hike sby the ECB - Der Spiegel

Germany's finance ministry expects the ECB to hike rates next year, according to the German magazine Der Spiegel, citing an internal document.
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Significant reduction in specs net short CAD - TDS

According to the CFTC Commitments of Traders Report - Week Ending Tuesday, March 25th - CAD saw a significant reduction in net shorts from -69.8k to -33.2k, notes the FX Team at TD Securities.
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