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Transcripts For CNBC Squawk Box 20150212

Announcing that russia and ukraine agreed to a ceasefire starting on sunday. Leaders agreeing to with draw heavy weapons from the Eastern Ukraine region. Thats the area between ukrainian and prorussian separatists. The rouble was moving higher and that would be understandable. Higher than more than. 5 . At the bottom we show you the dollar so it had been steadily weakening against the dollar over the last year but strengthening at this point. Lets show you the russian index. This is the rts. Its higher by more than 4 and the major european stock markets right now, across the board they should be higher. Germany is higher by more than 1. 5 . Right now the dow would open higher by more than 12 and nasdaq by more than 30. Much more on this developing story and Market Reaction coming up in just a few minutes. For a few other big stories were watching at this hour, greece unable to finalize a deal within the European Union but the greek finance minister says talks to overhaul the countries

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