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 asked whether they want to join with Russia.Meanwhile, Russia’s MICEX index continues its slide, falling 1% 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 […]
Escalating political tension between Ukraine and Russia over the Crimean region dragged the benchmarks down to their worst selloffs in about a month. Concerns that the movement of Russian troops in the Crimean region of Ukraine may lead to larger conflict saw investors moving to the safe havens. Encouraging reports on ISM Manufacturing Index, construction spending and personal income failed […]
