The Wall Street Journal, citing sources: Intelligence assessments suggest that Putin is likely to attempt to test NATO's cohesion through a limited attack on one of its member states in the coming years - SkyNewsArabia_B

Intelligence assessments suggest a potential for Russia to test NATO cohesion via a limited attack on a member state in the coming years. This geopolitical risk transmission would likely operate through a heightened risk-off sentiment, impacting global equity markets and potentially driving capital towards safe-haven assets. Equities, particularly those with significant European exposure or those sensitive to energy price shocks, would be most vulnerable. Investors will closely monitor any escalation in rhetoric or troop movements along NATO's eastern flank as a concrete catalyst.

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