Ukrainian President Volodymyr Zelenskiy’s statements regarding the Russian attack confused the minds and caused market fluctuations.

The markets, shaken by Zelenskiy’s “ironic” statements, are still trying to find direction with the Ukrainian developments.

The S&P 500 index, which fell by 1.2 percent for a while on Monday, closed the day with a 0.4 percent decline. The S&P 500 is up 0.1 percent this morning in the futures market. Asia Pacific stocks, on the other hand, are on the decline.

Chinese stocks find support from the Bank of China’s liquidity injection. The CSI 300 is up 0.9 percent.

In his speech, Zelensky declared February 16, which was pronounced as the date of Russia’s attack, “National Unity Day.”

Zelensky’s announcement was initially perceived as a confirmation of the date of the attack. However, Zelenskiy’s adviser, Mykhailo Podolyak, stated that Zelenskiy’s statements should be perceived as irony.