Global markets have steadied on Tuesday, with Russian markets opening up 3%. Markets across Europe also opened higher, with the FTSE 100 and Frankfrut's Dax up by more than 1% in morning trading. The recovery continued despite Russia's threats to abandon the U.S. dollar as the country's reserve currency.
Background:
Global markets steady as Ukraine impact fears ease [BBC]
World shares, Russian assets bounce back after heavy Ukraine hit [Reuters]