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RSX and Ruble soar!

Posted by Buygold @ 9:27 on September 5, 2014  

Ukraine, Separatists Agree On Cease-Fire; EU May Suspend Sanctions

Submitted by Tyler Durden on 09/05/2014 – 09:09

While we had grown weary of trashed truces and snapped cease-fires in Israel, it appears, according to Interfax, that Ukraine and the pro-Russian separatists in eastern Ukraine (having gained notably over the army in recent days) have agreed a cease-fire:

*UKRAINE, SEPARATISTS AGREE ON CEASE-FIRE FROM 6PM TODAY: IFX
*POROSHENKO: PRELIM. PROTOCOL TO CEASE-FIRE SIGNED IN MINSK: BBC

Great news, especially for Merkel (and Hollande) who has already come out and noted that the cease-fire means EU could suspend sanctions (saving face and avoiding some further escalation). The question is – how much of Putin’s 7-point-peace-plan will Ukraine acquiesce to? If any?

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.