World Stocks Crash on Fears of Imminent Russian Invasion of Ukraine

What happened?

World stock markets fall sharply this Monday, due to concerns about a possible e impending invasion Ukrainian Russian.

How have the setbacks been?

The setbacks were overwhelming in Europe in the first exchanges, with losses of 3.68% in Milan, 3.51% in Paris, 3.28% in Frankfurt, 2.7% in Madrid and 1.91% in London. In Russia, the RTS index sank 4.29%.

Asian markets previously set the trend with Tokyo, which closed down 2.23%, while Chinese stock markets fell more moderately (Hong Kong -1.41%, Shanghai -0.98%).

Already on Friday, geopolitical concerns made Wall Street fall into the red.

On Sunday, the United States reaffirmed that the Russians can attack Ukraine “at any time.” This weekend there were intense diplomatic contacts between Western and Russian leaders to reduce tensions.

“The market integrates the danger of a war into the prices,” observes Jochen Stanzl, an analyst at CMC Markets. “(…) Many investors feel compelled to sell their shares due to rising geopolitical risks,” he added.

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.