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Market Impact: 0.55
Russia Air Strikes on Ukraine Kill 12 as Kyiv Hunts for Patriots
Source: Bloomberg
Geopolitics & WarEnergy Markets & PricesInflation
Russia continued a sixth straight night of bombardment of Kyiv and surrounding areas, escalating air strikes and prompting European officials to scramble for additional air defenses for Ukraine. The intensification raises near-term geopolitical risk, which can spill into European energy pricing and inflation expectations. Overall, the news is a meaningful risk-off shock rather than company-specific fundamentals.
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