The rumpus between Russia and Ukraine will definitely agitate market prices more so that it is coming at a period that the global economy is recovering from the Covid-19 lockdowns.
Vladimir Putin's actions are clearly on the major attention list of U.S. Federal Reserve Chair Jerome Powell. An escalation in Ukraine by Russia’s president jeopardises the global economic recovery from Covid-19. Any retaliation also would pour more fuel onto inflationary fires.
Finance
Global Market Trends (1st Mar., 2022)
March 1, 2022