Russia marks Victory Day with a parade in Moscow under tight security

Russia's Victory Day parade in Moscow was held under heightened security measures, reflecting the government's focus on maintaining stability amid ongoing geopolitical tensions. This event may influence market sentiment through the channel of risk appetite, as heightened security could signal increased domestic unrest or international scrutiny. Russian equities and the ruble are particularly exposed, as investors may reassess their risk exposure in light of potential escalations in conflict or sanctions. Traders will be attentive to any statements made during the parade that could indicate future military or foreign policy directions, particularly in relation to Ukraine.

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