Russian President Vladimir Putin announced a temporary ceasefire in the conflict with Ukraine, set to take effect during the upcoming Victory Day holidays from May 8 to May 9. This decision may influence market sentiment by reducing immediate geopolitical tensions, thereby impacting risk appetite among investors. Assets most exposed include Russian equities and Ukrainian bonds, as a ceasefire could stabilize these markets and potentially attract capital flows. Traders will closely watch for any developments or statements from both governments following the ceasefire, which could signal the future trajectory of the conflict and its economic implications.
🚨 PUTIN MADE DECISION TO ANNOUNCE TEMPORARY CEASEFIRE IN CONFLICT WITH UKRAINE - RIA PUTIN MADE DECISION TO ANNOUNCE CEASEFIRE IN CONNECTION WITH THE UPCOMING VICTORY DAY HOLIDAYS THAT WILL BE IN EFFECT MAY 8 - MAY 9 …
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