Kyiv Mayor says the Russians are attacking the capital with ballistic missiles and that explosions are being heard

Kyiv Mayor says the Russians are attacking the capital with ballistic missiles and that explosions are being heard.

The Kyiv Mayor's report of ballistic missile attacks indicates an escalation in the conflict, which heightens geopolitical tensions and could have significant implications for market sentiment. This situation may lead to increased volatility in risk assets, prompting traders to seek safety in traditional havens like gold or the USD. Monitor potential responses from Western allies and any associated sanctions, as these could further influence market dynamics.