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Geopolitical risks remain alive – Danske Bank

FXStreet (Edinburgh) - According to Lars Christensen, Chief Analyst at Danske Bank, the situation in Ukraine continues to be alarming.

Key Quotes

“On the geopolitical front, Ukraine on Sunday marked its independence day, while intense

fighting continued around the rebel-held city of Donetsk”.

“On Friday, NATO Secretary General Anders Fogh Rasmussen said that the alliance had observed ‘an alarming’ build-up of Russian ground and air force near the border of Ukraine”.

“Rasmussen’s comments likely have contributed to the negative sentiment in the markets since Friday”.

Germany IFO - Expectations registered at 101.7, below expectations (102) in August

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