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

Russian Stocks, Ruble Respond To Obama’s Sanctions By Extending Gains (ZeroHedge, March 17, 2014):

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…

20140117_WTF1

Charts: Bloomberg

1 thought on “Russian Stocks, Ruble Respond To Obama’s Sanctions By Extending Gains

  1. A country that has leadership that speaks and acts upon his words is one in which many will trust and put their money. The US used to enjoy such trust, but no longer. Even their own people know better…..criminals run the US, and it has lost status very quickly. It is sinking like a stone, as the buying power of the dollar starkly illustrates.

Leave a Comment