100757487-Turks.530x298Markets have a lot to digest this morning; a geopolitical crisis in Ukraine, China’s PMI index beating expectations (which was a surprise) and the start of central bank week.  However, the biggest talking point is the developments out of Crimea. The Ukrainian situation is a tinder box in the making; the geopolitical crisis from the Kiev revolution has escalated even further overnight, with the one-day old head of the Ukrainian navy defecting to the pro-Russian self-elected Prime Minister of Crimea. Kiev has reacted by charging the Admiral with treason. There are also reports that Russian troops are surrounding Ukrainian army bases in the region as the Sevastopol Bay sees Russian warships entering the mouth of the port and passing freely into the Russian navy base. MORE