By 1 5 today. Welcome to countdown. I am mark barton joined by one hide. The eu imposed its strictest sanctions on moscow since the iron curtain fell. We are joined by Ryan Chilcote. Lets talk about the shank the sanctions. Eu did it. It will surprise some people. Three is really the eu is going to ban state backed banks in russia from issuing new bonds and stock in europe. The second thing is they will ban some technology for the oil industry that they need for unconventional projects, more sophisticated drilling, deepsea drilling, shale deposits. The export of that material from the European Union is now banned. Get ane are going to arms embargo. The one caveat is that france will still be able to sell its warships to russia as it was hoping to do. These are not retrospective. I think obviously we were expecting these, but when you have 28 countries involved, and they all have their own vested interests, and those interests are vastly greater than the fact thaterest, the this happene
Russian sanctions . There is not much of a selling. Movement conference currency was flat, in terms of the u. K. It is trading up. 4 . Spain is trading higher and we expect secondquarter gdp to come in higher. And there trading flat periphery is trading higher, if you are looking at equities. Let us have a look at current cities. A basis is set to rise 3 and that is coming out out 1 30, london time. We will get the numbers out of the federal reserve. A raining and stimulus . Lay, thats currently, it is flat. The dollar is down and keep a close eye on those particular markets. We are going to see reactions to russiantions and the access to banking finance. Widest ranging sanctions we have seen so far. Lets have a look at the up threeand it slides basis points. We are seeing money moving into germany and we may see a little bit of a search for safety. Lets have a look at some of the stocks that are on the move today. On individualcus stocks amid the earnings. And morganrading up stanley