Ruble Ends 5-Day Rout as Ukraine Bonds Jump on Cease-Fire Talks - Bloomberg:
"Russia’s ruble gained for the first time in six days against the dollar and Ukrainian bonds surged as prospects grew for a cease-fire after three months of clashes. Equities in the two countries climbed.
The ruble rose 0.8 percent to 34.5425 per dollar at 6 p.m. in Moscow, when the central bank stops its market operations. The Micex Index (INDEXCF) added 0.5 percent and the Ukrainian Equities Index (UX) climbed 1.2 percent after three days of declines. Ukrainian government bonds due July 2017 rallied, sending yields down 71 basis points to 9.48 percent.
President Vladimir Putin and his Ukrainian counterpart, Petro Poroshenko, last night discussed a possible cease-fire in southeastern Ukraine. Acting Ukraine Defense Minister Mykhaylo Koval today announced a unilateral cease-fire in days, the Interfax news service reported. The nations’ assets came under renewed pressure after 49 people were killed when pro-Russian fighters shot down a military plane over the weekend."
'via Blog this'
No comments:
Post a Comment