WS #16292

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Russian forces struck Kyiv with 21 ballistic missiles, damaging energy and metro infrastructure, while Ukrainian drones hit a depot in the Moscow region. This escalation in the Russia-Ukraine theater adds to the existing escalation in Middle East tensions (Houthi strikes on Aramco), creating a dual-front geopolitical crisis. The resulting risk-off sentiment is driving capital out of risk assets and into safe havens, pressuring global indices and bond markets.

Geopolitical Escalation

Russian forces struck Kyiv with 21 ballistic missiles, damaging energy and metro infrastructure, while Ukrainian drones hit a depot in the Moscow region. This escalation in the Russia-Ukraine theater adds to the existing escalation in Middle East tensions (Houthi strikes on Aramco), creating a dual-front geopolitical crisis. The resulting risk-off sentiment is driving capital out of risk assets and into safe havens, pressuring global indices and bond markets.

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