Flash: Markets undeterred by the Crimean referendum - BBH

FXStreet (Bali) - Marc Chandler, Global Head of Currency Strategy at BBH, notes that the Ukrainian/Russian conflict over Crimea has done little to disturb risk.

Key Quotes

"The continued rally of European peripheral bonds markets and the euro in the suggests the financial markets are undeterred by the Crimean referendum and sanctions. Although many policy wonks talk about the break from the post-Cold War order, investors seem to be saying not much has really changed or will change."