Today’s prime time geopolitical risk event is Putin’s speech to parliament, in which he will address the Crimean crisis. No major surprises are expected, with mentions of retaliatory sanctions and the formal annexation of Crimea expected to be the main talking points, although it is the nuances and the phrasing that threaten to pull the USDJPY lower potentially into the double digit territory at which point all bets are off, if only for the Nikkei and the future of Abenomics. Watch Putin’s speech live below.
via Zero Hedge http://ift.tt/1gBMJ9F Tyler Durden