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Sunday, 20 July 2014

Week Ahead: investors await answers over Ukraine plane crash - The Lolly from Citywire Money

Week Ahead: investors await answers over Ukraine plane crash - The Lolly from Citywire Money:



"As world leaders demand an investigation into the shooting down of a passenger plane in the Ukraine, the geopolitical consequences of the tragedy will be at the forefront of investors' minds ahead of a nervous week for markets.



Even before Thursday's shock news, tensions between Russia and the West had already taken their toll on global markets. US sanctions against Russia over what the world's largest economy claims is Moscow's failure to curb separatist violence in eastern Ukraine had led to markets around the world falling into the red.



News of the plane crash led to further nervousness among investors, but with so many questions about the shooting still unanswered, they may continue to adopt a bearish approach until more is known."



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