Geopolitical tension is impacting markets this Tuesday after President Biden gave the green light for Ukraine to use long-range missiles supplied by the U.S. to strike inside Russia.
Russia has not been pleased with this development and has responded by stating that any decision to use long-range missiles against Russia would lead to heightened tensions.
President Putin has also signed an updated nuclear arms doctrine, which includes the possibility of a nuclear response to aggression by non-nuclear states supported by other nuclear powers. As a result, we are seeing a flight to safety back into the dollar, along with some downside pressure on U.S. equities—though not significantly, but enough to suggest a risk-off sentiment.
Looking ahead, key data releases include Canadian inflation, U.S. housing starts and building permits, and the New Zealand GDT (Global Dairy Trade) auction.
Para conocer la fecha y hora exactas de estos importantes acontecimientos económicos, importa el BlackBull Markets Calendario Económico para recibir alertas directamente en tu buzón de correo electrónico.
