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Ukraine keeps geopolitical jitters alive – Danske Bank

FXStreet (Edinburgh) - Pernille Nielsen, Senior Analyst at Danske Bank, assessed the situation in the Russia-Ukraine front.

Key Quotes

“Focus will continue to be on the international geopolitical situation, albeit tension at least for now appears to be easing”.

“In Ukraine the risk of an imminent Russian intervention appears to have eased after Russia yesterday announced that major military exercises along the Ukrainian border have ended”.

“However, so far there are no signs that the Ukrainian government will stop its offensive in eastern Ukraine and it remains a major uncertainty how Russia will respond to the outlook for a possible Ukrainian victory”.

“In Gaza the three-day temporary cease-fire is holding and negotiations about a permanent ceasefire restarted yesterday in Cairo”.

“Finally, in Iraq the US bombings appear to have halted ISIS’s advance”.

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