Markets also focused on Russia-Ukraine – DB

FXStreet (Edinburgh) - The Russia-Ukraine front will also keep the markets focused today, suggested analysts at Deutsche Bank.

Key Quotes

“As well as Greece, focus today will also be on the Russia talks where hope is resting on a ceasefire agreement being announced in a meeting today between Ukrainian PM Poroshenko, German Chancellor Merkel, French President Hollande and Russian President Putin”.

“A Russian ETF rallied late last night in the US session after news that Obama had spoken to Putin yesterday urging him to seize the opportunity this week to seek some sort of diplomatic resolution”.

“US Treasury Secretary Lew was also noted yesterday as saying ‘its critically important that the international package comes together quickly’ and that encouragingly ‘there’s been progress in the last few days’”.

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