21 Jul 2014
Geopolitical jitters would set the pace on Monday – Danske Bank
FXStreet (Edinburgh) - Senior Analyst at Danske Bank Anders Lumholtz remarks that geopolitical tensions keep building up.
Key Quotes
“A light global calendar today with focus likely to remain on the geopolitical tensions”.
“Both US and Europe are increasing the pressure on Russia following the MH17 crash”.
“European leaders are calling for ‘immediate, unconditional and secure access for international experts’ to the plane wreckage and to begin the recovering of remains”.
“The dispute on who was behind the downing of the MH17 is ongoing. Financial Times writes that intelligence information suggests it was pro-Russian separatists and Russian military personnel -and that it was by mistake”.
“Further sanctions on Russia could follow this week”.
“The global news picture has over the weekend centred on the geopolitical tensions, not only Ukraine/Russia but also the escalation in the Palestine/Israel conflict”.
“Israel has intensified the ground war in Gaza with at least 60 Palestinians reported dead on
Sunday… Financial markets ended last week on a negative note with the crashed passenger jet causing a risk-off move across markets on Thursday and Friday”.
“However, US stocks recovered Friday with S&P500 increasing 1.0% led by Google that jumped 3.7% after the company reported stronger sales of advertising and web-search results. In Asia stock indices are also trading in green this morning”.
Key Quotes
“A light global calendar today with focus likely to remain on the geopolitical tensions”.
“Both US and Europe are increasing the pressure on Russia following the MH17 crash”.
“European leaders are calling for ‘immediate, unconditional and secure access for international experts’ to the plane wreckage and to begin the recovering of remains”.
“The dispute on who was behind the downing of the MH17 is ongoing. Financial Times writes that intelligence information suggests it was pro-Russian separatists and Russian military personnel -and that it was by mistake”.
“Further sanctions on Russia could follow this week”.
“The global news picture has over the weekend centred on the geopolitical tensions, not only Ukraine/Russia but also the escalation in the Palestine/Israel conflict”.
“Israel has intensified the ground war in Gaza with at least 60 Palestinians reported dead on
Sunday… Financial markets ended last week on a negative note with the crashed passenger jet causing a risk-off move across markets on Thursday and Friday”.
“However, US stocks recovered Friday with S&P500 increasing 1.0% led by Google that jumped 3.7% after the company reported stronger sales of advertising and web-search results. In Asia stock indices are also trading in green this morning”.