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War in Ukraine, the three questions (and the few answers) that haunt the stock exchanges

The key points

  • The swing of the markets
  • The economic impact
  • The response of the ECB
  • Why the spread drops

There are three questions that everyone is asking about the financial markets. What impact will the military and sanction escalation have on the Russian, European, US and world economies? Will Russia adopt counter-sanctions against Europe, perhaps by closing the gas taps? And how will central banks respond, starting with the ECB? Since all these questions are today without certain answers, although reports and analysts’ studies are multiplying to outline scenarios and counter-scenarios, the …

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