SummaryDeterioration of the Crimea crisis after referendum results likely to bring sanctions and Russian counter actions, placing new obstacles before the global economy.
Controlled situation could deteriorate further if Ukraine defends its territory via military intervention.
Largely unaffected stock market must quickly incorporate a suddenly severely […]
Moscow ExchangeAll eyes continue to be on Russia, Ukraine, and Crimea.
The world awaits Sunday’s referendum in Crimea where voters will be ask whether they want to join.Meanwhile, Russia’s MICEX index continues to tumble, fall 3.5% today. Year-to-date, it’s down 20.4%.Most experts seem to agree that the referendum is illegal as it is out of line with Ukraine’s constitution.”Moreover, we note […]
Moscow ExchangeAll eyes continue to be on Russia, Ukraine, and Crimea.
The world awaits Sunday’s referendum in Crimea where voters will be ask whether they want to join.Meanwhile, Russia’s MICEX index continues its slide, fall 2% today. At it’s lowest point today, it was down 5.2%. Year-to-date, it’s down 20.4%.Most experts seem to agree that the referendum is illegal as it […]
Vladimir Putin’s decision to try to seize Crimea from Ukraine may make nationalists happy, but investors — Russian or otherwise — are getting clobbered. Russian stocks have been in a tailspin since mid-February with the Micex — the benchmark index of the Moscow Stock Exchange — falling nearly 17% since then. It was off nearly 2% on Thursday after opening […]
Benchmarks ended Friday’s trading session on a mixed note. The S&P 500 and Dow gained modestly on the back of better-than-expected nonfarm payroll data. These marginal gains were strong enough for the S&P 500 to hit another record high for the second consecutive day. Investors were also kept on the edge by recent developments in the Crimea region; leading to […]
FTSE 100 over the last three months. Photograph: Thomson ReutersAnyone returning to the City tomorrow morning after four days of solitude in a cave might not suspect the last few days had been quite so dramatic.The FTSE 100 has raced ahead today to close up 115 points at 6823, a rise of 1.7%. That more than wipes out yesterday’s 101-point […]
The S&P 500 has just fallen into negative territory after spending most of the day up nicely.Meanwhile, U.S. Treasuries are quickly regaining much of the ground lost earlier this morning, when risk sentiment was more in vogue.Some of the jitters may be on account of reports that Russia has sent troops into Ukraine’s Crimea region, but it appears that weakness […]
