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#SaxoStrats
Today's edition of the Saxo Morning Call features the SaxoStrats team discussing the continuing weakness of the US dollar as commodity prices recover ground and in the wake of key US equity indices hitting all-time highs Thursday.
Squawk / 04 September 2014 at 13:33 GMT
Russia oil and gas expert
United Kingdom
The Russian news agencies report that Poroshenko would ask the Ukrainian troops to cease fire tomorrow at 3 pm Moscow time. He also expects to sign a multi-step peace plan. The separatists made a statement that they could cease fire at 3 pm as well if the accord is reached in Minsk tomorrow.
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Nadia Kazakova Nadia Kazakova
clarification: Poroshenko will order cease fire at 3 pm tomorrow
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Nadia Kazakova Nadia Kazakova
This statement has the right sound to it, especially given that separatists made a similar pledge. This cease fire might work.
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Martin O'Rourke Martin O'Rourke
Have any terms or conditions been made public yet Nadia?
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Nadia Kazakova Nadia Kazakova
I can not see any detail, but separatists said in a statement that they would sign an agreement tomorrow if there is a political settlement of the conflict. I assume that there is a broad agreement on new borders around Donetsk/Luhansk, plus promise on further negotiations on their political status. Unclear, what will happen in the south, near Mariupol. If situation there is not covered by the agreement (and fight goes on there), it would be a blow to Poroshenko and might derail the ceasefire. Again, I assume he had a foresight to have that covered (most likely, he will have to cede the town).
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Martin O'Rourke Martin O'Rourke
This comment has been redacted
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Martin O'Rourke Martin O'Rourke
Is this the announcement that was meant to come out yesterday and then got botched/miscommunicated?
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Nadia Kazakova Nadia Kazakova
I think it is the same deal. Poroshenko wanted to make it clear yesterday that Russia is involved. Possibly, he was trying to make this deal less politically humiliating, but he still needs to sign the agreement with separatists, giving them legitimacy, as Russia wants.
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rajan vairawanathan rajan vairawanathan
This comment has been redacted

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