Oil prices broke out above $ 100 per barrel for the first time since 2014, the stock market slumped globally and the ruble reached a record low on Thursday after Russian President Vladimir Putin launched an invasion to Ukraine.

The market displays all predictable reactions. The European stock market fell almost 4 percent in Hingrenzied and Wall Street sales opened 2.5 percent, while some traders describe the Russian and Ukrainian markets as “cannot be penetrated” because the scale of waterfall and central bank Kyiv tried to move.
The race for salvation of seeing the top government bonds depends very strongly along with other traditional storm shelters such as the dollar, Swiss franc, Japanese yen and gold.
Putin said he had ratified what he called “special military operations” through Ukraine. The Western government has a full-scale invasion label.

US President Joe Biden said “heavy sanctions” would be imposed on Russia after the attack, with European leaders vowed to also freeze the assets and close their financial banks.

“There is nothing to expect this and speculation the next Putin step will be the main focus of the coming days,” said Hans Peterson, head of global asset allocation in investment management.

“But this does occur in a fairly strong business cycle phase,” he added, said how high energy prices and commodities are now important.

The chaotic movement in the Russian market saw the ruble weakening nearly 7 percent to 86.98 per dollar that had never been before and there was a record of 40 percent falling on the Moscow Stock Exchange, which was forced to suspend trading early.

Ukraine was temporarily forced to delay trade in its currency because the bonds fell violently because investors bet that now it can be default again, as it was done after the 2014 2014 Crimean annexation.
“This is a total chaos,” said Portfolio Manager Abdn Viktor Szabo. “Ukraine cannot be rejected now and it is a massacre in the Russian market across state and corporate debt”.

Bear Markets.
Missiles bombarded the cities of Ukraine and Ukrainian authorities reported the column of troops flowing across its borders from Russia and Belarus and landed on the coast of the Black Sea and Azov.
The attack brought a pleasant end for weeks of diplomatic efforts in vain by Western leaders to prevent war, their worst fear of the ambition of Russian President Vladimir Putin realized.
The global equity route has begun by a 2.6 percent dive for the Pan-Asian index. The European Stoxx 600 index then fell 4 percent, it reached the lowest since May 2021 and Wall Street’s S & P 500 and the Dow Jones index opened down 2.5 percent.
DAX Germany fell 5 percent, carrying a selling load due to severe dependence on the Russian energy supply and the number of companies sold to Russia. The surge in oil prices helped limit losses to the heavy FTSE of British commodities 100, even though it still slumped 3.3 percent.
Wall Street’s initial flop also means that the Tech-Heave Nasdaq was driven strongly into the “bear” market area because it fell 3.5 percent in the initial trade.
“In the past when you have geopolitical flare-ups you tend to have a very fluctuating period on the market then normalization, but it is difficult to assess when we will get it,” said the LGIM portfolio manager Justin Onuekwusi.
Conflict costs
On the main FX market, the dollar rose 0.5 percent against a basket of other major currencies. Almost every asset class has seen a sharp increase in volatility in the midst of the deepening crisis. The CBOE volatility index, known as “Wall Street” Fear “rose more than 55 percent during the last nine days.
Russian fear will now squeeze the global energy market to see Brent Futures jumped more than 8 percent past $ 100 per barrel for the first time since September 2014. Nearly 40 percent of the European Union’s natural gas and 26 percent of crude oil came from Russia.