Overnight the Ukrainian situation was ignored in large

Evan Lucas


Overnight the Ukrainian situation was ignored in large. However, it is a conflict waiting to ignite. The biggest development is interim president Oleksandr Turchynov announcing that the country will vote on a national referendum to turn the republic into a federation. This is a massive change in tact from the Ukrainian side as this is the vote that Russia has been pushing for. It has the prospect of dividing the country straight down the middle. The ethnic Ukrainian west and the ethnic Russia east continue to taunt each other with political vitriol which could see a clear divide. The questions become does eastern Ukraine vote for annexation like Crimea and join the Russian Federation, or does it vote to join the new Ukrainian Federation and somehow get the Russian ethic population to accept this? In short, further conflict in the country is a certainty watching gold, EUR, DAX, ruble and Micex (VIEW LINK)

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Evan Lucas
Chief Market Strategist

Evan has been investing and researching global markets for over a decade. After getting his Masters in Finance, Evan headed to Amsterdam with ABN Amro before moving to the Royal Bank of Scotland. He returned to Australia with RBSMorgans where he...


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