Russia’s military operation against Ukraine had a negative impact on global markets.
The news of Russia’s military operation against Ukraine deeply affected the global markets.
Sales in Asian stocks accelerated, while US index futures fell by up to 2 percent. European futures fell 3%.
Brent oil hit $100 for the first time since 2004. After Putin’s decision, there was a jump of more than 3 percent in Brent futures in London.
The US 10-year bond yield fell to 1.90 percent, and gold saw its highest level since the beginning of the year. Gold prices climbed to the highest level since the beginning of 2021 after Russia launched a military operation against Ukraine.
Biden said he will monitor the situation in Ukraine from the White House tonight and receive regular updates from the national security team.