‘Massive’ Ukrainian drone attack on Russia kills at least six, says Moscow

A massive Ukrainian drone attack on Russia has resulted in at least six fatalities, according to Moscow. This attack marks one of Ukraine's largest drone operations since the start of the war. The significance of this event lies in its potential impact on the ongoing conflict and the escalating tensions between Russia and Ukraine, which may have implications for global markets and trade.

Why it matters

The drone attack on Russia is a significant escalation of the conflict, which could lead to further violence and instability. This could negatively impact investor sentiment and increase risk aversion, particularly for Russian assets.

Market impact

Markets & countries in focus

Transmission channels

Likely winners & losers

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