French PM Visits Russia Confident on Ukraine Ceasefire

French President Francois Hollande said after an impromptu visit to Russia for crisis talks with Vladimir Putin on Saturday that a ceasefire could take hold in eastern Ukraine in the next few days.

The Russian president, who met Hollande during his stopover at a Moscow airport after a trip to Kazakhstan, said he also hoped agreement would be reached soon to shore up a shaky truce reached for east Ukraine on Sept. 5.

Hollande’s unexpected visit underlined the West’s concern about the conflict between government forces and pro-Russian separatists, and about Putin’s increasingly hostile anti-Western rhetoric as he defies calls to do more to end the crisis.

Hollande, the first head of a leading Western power to meet Putin in Russia since Moscow annexed the Crimea peninsula in March, urged all parties to respect the Sept. 5 truce deal.

via CNBC

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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