Heavy Russian strikes on Ukraine kill six, cut power in Kyiv

Heavy Russian strikes on Ukraine have killed six people and cut power in Kyiv, the country's capital. This escalation in violence comes after President Volodymyr Zelenskyy criticized Western allies for not providing warning of a previous Russian strike on a Kyiv power plant. The attacks on multiple regions have significant implications for the global economy, particularly for countries heavily invested in Ukrainian trade and energy markets. The situation remains volatile, and its impact on markets and trade will continue to be closely monitored.

Why it matters

The escalation of violence in Ukraine is causing concern among investors, leading to a decrease in risk appetite. This could result in a decline in global markets, particularly in Europe and emerging markets.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

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