26 Mar 2014
North Korea adds to Russian tensions - Danske Bank
FXStreet (Barcelona) - Sverre Holbek, Senior Analyst at Danske Bank comments that geo-political tensions remain elevated.
Key Quotes
“Yesterday, Russia conducted military training exercises in Transdniestria, a mainly Russian-speaking separatist region of Moldova, which is a focus of tension following the annexation of Ukraine's Crimea region. Overall, however, the crisis does not appear to have escalated further, explaining the rebound in the Russian MICEX index and the rouble yesterday.”
“Elsewhere, North Korea test-fired missiles into the sea just as US President Obama brought together leaders of Japan and South Korea at a meeting in The Hague.”
Key Quotes
“Yesterday, Russia conducted military training exercises in Transdniestria, a mainly Russian-speaking separatist region of Moldova, which is a focus of tension following the annexation of Ukraine's Crimea region. Overall, however, the crisis does not appear to have escalated further, explaining the rebound in the Russian MICEX index and the rouble yesterday.”
“Elsewhere, North Korea test-fired missiles into the sea just as US President Obama brought together leaders of Japan and South Korea at a meeting in The Hague.”