9 Apr 2014
EM’s remain steady despite uncertainty - Danske Bank
FXStreet (Barcelona) - Flemming J. Nielsen, Senior Analyst at Danske Bank comments that despite the renewed geopolitical uncertainty in Ukraine emerging market shares and currencies continue to perform strongly.
Key Quotes
“Currently the increasing belief that China will soon stabilise appears to be more important than the geopolitical uncertainty in Ukraine.”
“The situation remains tense as Ukraine moves to assert control in the eastern part of the country and Russia has warned against the use of force to dislodge demonstrators, see Wall Street Journal.”
“How Russia handles gas supplies to Ukraine could be a major focus in the coming days, as termination of gas supplies to Ukraine could also disrupt gas supplies to the rest of Europe.”
Key Quotes
“Currently the increasing belief that China will soon stabilise appears to be more important than the geopolitical uncertainty in Ukraine.”
“The situation remains tense as Ukraine moves to assert control in the eastern part of the country and Russia has warned against the use of force to dislodge demonstrators, see Wall Street Journal.”
“How Russia handles gas supplies to Ukraine could be a major focus in the coming days, as termination of gas supplies to Ukraine could also disrupt gas supplies to the rest of Europe.”