Russian Stocks, Ruble Respond To Obama’s Sanctions By Extending Gains

Despite no move in gold, silver, or US Treasuries, US equities (and JPY crosses) remain bid. But perhaps the most intriguing reaction to Obama’s escalation is the surge higher in Russian stocks and rally in the Ruble… Putin and his oligarch friends must be pleased…

 

Charts: Bloomberg


    



via Zero Hedge http://ift.tt/1fRAE0l Tyler Durden

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