MAKING BANK
·
SUBSCRIBERS

What do geopolitical turmoil and conflict do to markets?

As more become fearful, it is likely that opportunities could open up for those looking for value in markets

Yong Jun Yuan
Published Sun, Mar 6, 2022 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    GLOBAL markets have been in turmoil since Russia began its invasion of Ukraine on Feb 24.

    As soon as Russian President Vladimir Putin announced a "special military operation" against Ukraine, markets have seen large intraday swings as investors react to live streams of information online.

    On the first day of the invasion, the pan-European Stoxx 600 index shed 3.3 per cent and sank to its lowest level since May 2021 on expectations of severe sanctions on Russian oil and gas exports.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.