Potential impact of the Russia-Ukraine tensions – UOB By pabspiovano RussianFederation Banks
“Brewing tensions between Russia and Ukraine have escalated rapidly. This comes after Russian President Vladimir Putin, on Mon , ordered troops into two breakaway regions of eastern Ukraine after announcing that he would recognize their independence. The White House has responded by levying a number of sanctions on the region.”
“Nonetheless, the situation remains very fluid, and this has kept the world watching and waiting to see what Putin will do next and how the US and Europe will be responding. As it is, the latesthas fueled the return of investor demands for traditional safe havens like gold, US Treasuries, JPY and CHF.”
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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