Ukraine
Quiet Monday in August
August 11, 2014
The dollar is unchanged against the yen, sterling and kiwi, up 0.2% versus the euro and 0.1% relative to the Swiss franc and Australian dollar, but down 0.1% against the loonie. Geopolitical worries have been somewhat alleviated by the ceasefire in Gaza and Russian troop pull-back from the border with Ukraine. Iraq remains a confusing […] More
Fresh Worries about Iraq and Ukraine
June 25, 2014
Risk-off psychology staged a return. Stock prices and sovereign debt yields are lower. So are emerging market currencies like the Indonesian rupiah. However, the dollar is generally steady, and oil and gold prices are higher. Sunni rebels control more of Iraq territory. The cease-fire in Ukraine was violated by pro-Soviet rebels. U.S. 1Q GDP […] More
European Equity Blues
April 8, 2014
Russian President Putin is at it again, accusing Ukraine of fomenting civil war in its eastern regions and apparently moving toward annexation of more Ukrainian territory into the Russian orbit of influence. Geopolitical risk depressed stocks in Europe by a further 1.6% in Spain, 1.4% in Italy, 0.9% in France and Britain and 0.8% in […] More
