Flash: Ukraine developments could fuel risk aversion - Danske Bank

FXStreet (Barcelona) - Jens Nærvig Pedersen, Analyst at Danske Bank notes that the events in Ukraine could fuel risk aversion and it is likely that these will continue to weigh on central and eastern European markets.

Key Quotes

“We would particularly focus on the risk of the Russian rouble coming under further pressure in the coming days, if geo-political tensions increase.”

“The weekend also brought violent clashes between police and opposition demonstrators in Venezuela and an explosion killing three people and wounded several more at an anti-government demonstration in Thailand. Hence, the risks to emerging markets are rather broad based at the moment.”