Russian Defence Ministry says Russian forces continue the Special Military Operation as the ceasefire with Ukraine expired, RIA reports

The continuation of Russia's military operations following the expiration of the ceasefire with Ukraine signals heightened geopolitical tensions, which can elevate risk aversion in markets. This environment typically benefits safe-haven assets like gold, while pressuring commodity prices, particularly energy; traders should monitor currency movements, especially in the USD and JPY, as they react to this escalation.