Wires reporting comments from Kremlin spox Dmitri Peskov regarding Finland closing four border crossings with Russia. State-run TASS reports Peskov saying that Finland is choosing a path of confrontation with Russia, which he labels a "big mistake". As MNI's Political Risk team noted in a 16 Nov bullet, the Finnish gov't is set to close four of the nine border crossings with Russia from midnight on 17 Nov amid what Helsinki has claimed is an organised attempt by Russian authorities to funnel asylum seekers to the Finnish border. The gov't of PM Petteri Orpo claims that the efforts are in response to Finland's accession to NATO and closer defence cooperation with the US.
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Large block trade, suggest a steepener:
Brief and limited risk-positive flows were seen in e-minis on the back of comments from President Biden, who pointed to support for a two-state Israel-Palestine solution, while noting that there is an agreement with Israel to allow the flow of humanitarian aid to Gaza from Egypt. Still, these aren’t major needle movers for the Israeli-Hamas conflict and unwind quickly.