Ukrainian Envoy to Japan tells Reuters that Ukraine is seeking supply of military equipment from Japan after the easing of weapons-exports rules

The statement from the Ukrainian envoy indicates a potential escalation in military support, which could impact market sentiment and asset prices. This move might lead to a closer alignment between Japan and Ukraine, affecting regional dynamics and potentially driving safe-haven demand for assets like gold and JPY. Depending on how this unfolds, we might see increased volatility in currencies and commodities related to geopolitical risk.