Good morning. Ahead of Thursday’s trading action, here is what you need to know. The cease-fire in Eastern Ukraine is taking hold. While some fighting continues, none of it has broken the terms of the cease-fire agreement. Russia’s ruble is stronger by 1.6% at 60.45 per dollar while Ukraine’s hryvnia is lower by 18.1% at 33.12. German consumer confidence is at its highest level in at least 13 years. Today’s reading of 9.7 slightly outpaced the 9.6 that was expected. German unemployment change also topped estimates, printing -20,000 versus the consensus estimate of -10,000. The German 10-year is down 3 …read more
Source: Business Insider
