Monday, 12 May 2014

Ukraine and the financial markets

The international financial markets seem to be less nervous about the crisis in Ukraine. This is a bit surprising at a time when nobody knows what could happen next in the Eastern regions of the country.

My reading is that they take the new situation, including the potential separation of those lands from the rest of Ukraine, as a fait accompli, something that will happen in any case. The people behind the key financial funds, those who define the trends, have now had enough time to move moneys around and adjust to the new game in Eastern Europe. 

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