Ukraine still in the limelight – Danske Bank

FXStreet (Edinburgh) - The events from the Russia-Ukraine situation would continue to be a relevant factor to count on in the upcoming sessions, commented Senior Analyst Morten Helt at Danske Bank.

Key Quotes

“The crisis in Ukraine dominated the media over the weekend as seven members from the inspection team under an Organisation for Security and Cooperation (OSCE) including inspectors from Germany, Poland, Denmark, Sweden and the Czech Republic were seized late Friday by pro-Russian rebels”.

“The US and the EU plan to introduce further sanctions against Russia as a response to the development in Ukraine. According to Obama administration officials, sanctions will target those in Russian President Vladimir Putin's inner circle and the industries they control, including defence”.