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Ukraine re-activates anti-terrorist operations

FXStreet (Bali) - Ukraine's acting president Oleksander Turchinov decided on Tuesday to re-establish the government's initial plan against pro-Russian rebels and relaunch an anti-terrorist offensive following the death, with signs of torture, from a member of his ruling party.

While military action in a Russian dominated east region was put on hold, following a deal in last week's Geneva talks between United States, Russia, Ukraine and European Union, market sources report that the agreement struck could be broken any minute, as pro-Russian supporters refuse to disarm and surrender illegally occupied government buildings.

Turchinov said, cited by Reuters, that "two brutally tortured bodies had been found near Slaviansk, one being from Volodymyr Rybak, a member of Turchinov's Batkivshchyna party."

Reuters quoted Turchinoc, who said, "these crimes are being carried out with the full support and indulgence of the Russian Federation", adding that "I call on the security agencies to relaunch and carry out effective anti-terrorist measures, with the aim of protecting Ukrainian citizens living in eastern Ukraine from terrorists."

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The US stocks market advanced on Tuesday as investors' confidence was fueled by a new set of upbeat corporate earnings and US economic data.
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EUR/USD settles on bid into close

Currently, EUR/USD is trading at 1.3804, up 0.09% on the day, having posted a daily high at 1.3826 and low at 1.3785.
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