Russian Relief Rally As US Sanctions List “Better Than Expected”

zerohedge.com / by Tyler Durden /

While Jay Carney and the White House continue to press their “sell” recommendation on Russian assets, it appears the market is buying the news (after selling the rumor). Russian stocks are ripping higher on “better than expected” sanctions and the Ruble is strengthening notably… So given that the market is signaling these sanctions are clearly weaker than expected,  we should certainly not expect any Russia de-escalation soon.

Russian Stocks soaring…

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