Global Stocks Under Pressure As Ukraine and China Anxieties Rise

Stocks could come under more pressure Friday as investors grow anxious about the crisis in Ukraine and the state of the Chinese economy.
U.S. stock futures were little changed ahead of Friday’s opening bell.

But global markets, which often lead Wall Street, were in the red as U.S. and Russian officials met in London to try to find a diplomatic solution to an increasingly tense stand-off over the fate of the Ukrainian region of Crimea.
Investors are bracing themselves for Sunday’s referendum in Crimea, where voters will decide whether to break away from Ukraine and join Russia. Ukraine and the West have described the vote as illegal. They have accused Russia of violating Ukraine’s sovereignty and are threatening sanctions.

via CNN

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza