Russian Defence Ministry says Ukraine has violated the ceasefire

The claim by the Russian Defence Ministry that Ukraine has violated the ceasefire could signal a potential escalation in hostilities.

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Russian Defence Ministry says Ukraine has violated the ceasefire

Japan's Council on Economic and Fiscal Policy have reportedly warned the BoJ against higher borrowing costs, as it could impact small- and mid-size firms, amidst the Iran conflict

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This development is likely to increase risk aversion in the markets, prompting flows into safe-haven assets like gold and the yen, while potentially weighing on energy prices due to fears of supply disruptions. Traders should watch for market reactions in forex and commodities as tensions may drive volatility.

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