12 May 2014
Ukraine continues to hover over markets – Danske Bank
FXStreet (Edinburgh) - Anders Fischer, Analyst at Danske Bank, sees the global markets pending on news from Russia and Ukraine.
Key Quotes
“In Ukraine voters were asked whether they endorsed the two eastern regions Donetsk and Luhansk’s declaration of self-rule. The head of the self-proclaimed Donetsk People's Republic election commission state that 89% voted in favour of self-rule, with 10% against, on a turnout of nearly 75%”.
“There are no results from the Lugansk area so far but final results in both regions are due today”.
“In Kiev the government dismissed the voting as a sham and has not recognised the referendum nor the result”.
“Over the weekend further sanctions on Russia from western countries were suggested, as the republican and US House speaker John Boehner said that penalties should be broadened to include Russian banks and the French President Francois Hollande said tougher measures should be imposed if Russian interference prevents the 25 May Ukraine election from taking place”.
Key Quotes
“In Ukraine voters were asked whether they endorsed the two eastern regions Donetsk and Luhansk’s declaration of self-rule. The head of the self-proclaimed Donetsk People's Republic election commission state that 89% voted in favour of self-rule, with 10% against, on a turnout of nearly 75%”.
“There are no results from the Lugansk area so far but final results in both regions are due today”.
“In Kiev the government dismissed the voting as a sham and has not recognised the referendum nor the result”.
“Over the weekend further sanctions on Russia from western countries were suggested, as the republican and US House speaker John Boehner said that penalties should be broadened to include Russian banks and the French President Francois Hollande said tougher measures should be imposed if Russian interference prevents the 25 May Ukraine election from taking place”.