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29 Jul 2014
Sanctions against Russia in the pipeline – Danske Bank
FXStreet (Edinburgh) - Anders Humholtz, Senior Analyst at Danske Bank, expects the EU to implement sanctions against Russia any time soon.
Key Quotes
“Main event today will be a meeting between EU ambassadors aiming to close a deal on so-called phase 3 sanctions against Russia that involves the financial, defence and high-tech energy sector”.
“The new sanctions could come into force within 24 hours of a deal being reached according to an EU spokesperson. If new sanctions are agreed on, it could lead to a further decline in risk sentiment”.
Key Quotes
“Main event today will be a meeting between EU ambassadors aiming to close a deal on so-called phase 3 sanctions against Russia that involves the financial, defence and high-tech energy sector”.
“The new sanctions could come into force within 24 hours of a deal being reached according to an EU spokesperson. If new sanctions are agreed on, it could lead to a further decline in risk sentiment”.