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5 Mar 2014
Flash: Risk appetite improves as Ukrainian tensions ease - Danske Bank
FXStreet (Barcelona) - Christin Tuxen, Senior Analyst at Danske Bank notes that risk appetite has continued its recovery overnight after Ukraine-Russia tensions eased somewhat yesterday.
Key Quotes
“US stock markets posted decent gains and the S&P500 in fact closed at a record high last night and Treasury yields rose close to 8bp higher in the long end.”
“President Obama’s fiscal budget proposal for 2015 was laid out yesterday but should at this point be seen more as political communication rather than a guide to the US economy next year.”
“Asian stocks are also generally higher in a further sign risk assets are recovering this morning albeit the potential default of Chaori, a Chinese solar energy company, on a corporate bond has spooked markets in China a bit.”
Key Quotes
“US stock markets posted decent gains and the S&P500 in fact closed at a record high last night and Treasury yields rose close to 8bp higher in the long end.”
“President Obama’s fiscal budget proposal for 2015 was laid out yesterday but should at this point be seen more as political communication rather than a guide to the US economy next year.”
“Asian stocks are also generally higher in a further sign risk assets are recovering this morning albeit the potential default of Chaori, a Chinese solar energy company, on a corporate bond has spooked markets in China a bit.”