Market holds its nerve over Ukraine - market and economic commentary

Market holds its nerve over Ukraine - market and economic commentary. As the tragic news of Malaysian Flight MH17 sent shockwaves around the world last week, investors responded by jumping out of equities and into safe haven assets. However, markets calmed down in the days that followed as they wait to see how the West responds to Russia. Western sanctions on Russia were already being stepped up before the Malaysian flight tragedy so it may take some time before new sanctions are announced. Complicating the response from the west is the fact that the US and Europe have different agendas given trade with Russia is significant for Europe. Further sanctions on Russia could revive fears of a tit-for-tat exchange of trade measures that could undermine the economic recovery in the euro-zone and Russia. Watch video for full commentary click link - (VIEW LINK)

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