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Putin says Russian jet was downed on Syrian territory

Russian president now out on the wires via RIA

  • Russian pilots didn't threaten anybody
  • considers the downing of the jet to be a "stab in the back"
  • large amounts of oil from militants in Syria go to Turkey
  • the incident will have serious consequences for Russian/Turkish relations
  • Turkey is behaving as though Russia shot down its own plane

Meanwhile Turkish PM Davutoglu says:

  • it's Turkey's right to respond if Turkish airspace is violated

Update 12.57 GMT

  • Turkish defence attaché in Moscow summoned to Russian defence ministry

US stock index futures down 0.7% after the Putin comments the standout being the "serious consequences" quote

Sad and nervous times but still only minimal impact on fx markets currently although gold is rallying strongly

USDJPY stuck around 122.50 USDCHF 1.0170

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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