Reports indicate that the Russian army shelled the Sumy region nearly 110 times in a single day, escalating tensions in the area. This increase in military activity may heighten geopolitical risk, influencing capital flows as investors reassess their exposure to Russian assets amid concerns over regional stability. The Russian ruble and equities, particularly those tied to defense and energy sectors, are likely to be most affected due to heightened risk aversion. Traders will be closely watching upcoming statements from the Kremlin or any developments in peace negotiations that could impact the conflict's trajectory.
Russian Forces Target Sumy Region with 110 Shellings in One Day
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