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Wednesday, February 21, 2024

Financial markets have been swing by developments in Ukraine

falls to major Asia Pacific indices where Thursday’s session is already underway.

Tokyo’s Nikkei is down 1.9%, Seoul is down 2.3% and Sydney’s ASX is down 3%. Hang Seng dropped by 2.82%. Bitcoin dropped another 5.4% as dangerous assets gained momentum after reports of explosions across Ukraine and the address of Vladimir Putin bellicose.

But safe havens such as gold, the American dollar and the list of goods including nickel, and wheat have all gone up.

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