Russia pounds Kyiv with missiles as Moscow says 808 drones downed in Russian cities

Russia has launched a missile attack on Kyiv, the capital city of Ukraine. This escalation in violence comes as Russia claims to have shot down 808 drones in its own cities. The attack by Russia is a significant development in the ongoing conflict between the two nations. The situation is likely to impact global markets and trade, particularly those with ties to Russia and Ukraine, as tensions between the two countries continue to rise.

Why it matters

The escalation of conflict between Russia and Ukraine is increasing uncertainty and fear in the markets. This could lead to a decrease in investor sentiment and a shift towards safe-haven assets.

Market impact

Markets & countries in focus

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