We all know the Ukranian-Russia crisis. Although today Putin declare told about optimistic things to decrease tension, the general opinions are on the tension won't be over in short term. Today first bullet sounds occured between the Russian and Ukranian army. The rumors about military interventions continue. Yesterday we observed high raises over commodity prices as Ukraine is a big corn and wheat. Also this is obviously seen that gold, gas, wti prices are increased. Today was optimistic and so we saw retracements on these prices and records on SP500.
As Ukraine and Crimea are very important for Russia that geographically strategical, Putin's words can't be understood very optimistic. Therefore tensions can make commodity prices higher and on medium term negative impacts can be expected unless there won't be peaceful days are coming.
Will there be any enforcement during the UN and NATO meetings? We are going to wait espacially NATO countries attidutes. Probably the more volatile days are waiting us. I hope democracy and peace will win.
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