Intraday Market Thoughts       
                            
                                
Ukraine Discount & Russia Premium
        
               
        by  
        
    
    
            Mar 3, 2014 17:01
        
    The main reason Russia will insist on keeping Ukraine in “friendly” hands is to secure its Europe-bound gas exports, most of which pass through the Ukraine. A 1/3 of Russia's gas is exports via Ukraine. Russia is far from bankrupt, but it remains eroded by a falling currency and deteriorating current account balance. More charts & analysis

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