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Geopolitical tensions weigh on sentiment – Danske Bank

FXStreet (Edinburgh) - Pernille Nielsen, Senior Analyst at Danske Bank, signaled the situation en Ukraine continues to be a critical factor for markets’ sentiment.

Key Quotes

“Yesterday most equities declined as uncertainty about Ukraine returned after Russia sent 280 trucks carrying what it said was humanitarian aid for eastern Ukraine”.

“Kiev said any unilateral attempt to deliver aid would be viewed as an act of aggression”.

“The risk sentiment was affected by a new decline in the German ZEW expectations”.

“Despite the recent weakness in data, Bundesbank President Weidmann said yesterday that the central bank sticks more or less to its forecast (GDP of 1.9% in 2014 and 2% in 2015)”.

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