UK Prime Minister Burnham urged the US Congress to increase pressure on Russia.

China A-shares closed lower after intraday lows; the STAR 50 fell as much as 4% intraday. At the close, CHINA'S SHANGHAI COMPOSITE INDEX -0.59%, Shenzhen Composite Index -2.13%, ChiNext -3.21%, STAR 50 -3.1%. Precious metals outperformed: Hunan Baiyin posted a second consecutive daily limit-up; Sichuan Gold, Zhaojin Gold, Western Gold and related miners gained. Coal names rallied; Meijin Energy, Dayou Energy and Shanghai Energy hit daily limit-ups. Components sector weakened sharply—Zhongying Technology fell over 10%, with Jianghai, Founder Technology, Xianfeng Holdings and several parts suppliers lower. CRO names were weak—Haitai Bio slid over 10% and other contract-research stocks declined. CPO-related stocks dropped; Gongjin shares hit the down limit, while DeFu Technology, Ruijie Networks and select optics/telecom suppliers fell.

France's finance minister reiterated the government will make every effort to come as close as possible to a 5% deficit target.