24 Jul 2014
Further sanctions on the card? – Danske Bank
FXStreet (Edinburgh) - Analyst Jens Pedersen at Danske Bank expects further sanctions against Russia.
Key Quotes
“The Ukraine-Russia conflict is still very much in focus although the market reaction has been relatively muted following the announcement of new measures to sanction Russia on Tuesday”.
“Today the EU Commission will propose additional names to put on the list of individuals targeted by EU sanctions”.
“We could also get further hints about potential ‘phase 3’-sanctions targeting specific Russian economic sectors, which could be put in place if Russia does not contribute to defuse the conflict”.
Key Quotes
“The Ukraine-Russia conflict is still very much in focus although the market reaction has been relatively muted following the announcement of new measures to sanction Russia on Tuesday”.
“Today the EU Commission will propose additional names to put on the list of individuals targeted by EU sanctions”.
“We could also get further hints about potential ‘phase 3’-sanctions targeting specific Russian economic sectors, which could be put in place if Russia does not contribute to defuse the conflict”.