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Russia-Ukraine war concerns push asset price volatility

Volatility soared across markets on Monday, with a gauge of potential swings in the euro-dollar exchange rate at the highest since November 2020

funds, markets, companies, stocks
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Illustration: Binay Sinha

Reuters
Volatility soared across markets on Monday, with a gauge of potential swings in the euro-dollar exchange rate at the highest since November 2020 and a key measure of equity swings rising to the highest in more than two weeks.

Markets took fright late on Friday after a US warning that a Russian invasion of Ukraine could come “any day”. On Sunday, the US said Russia might create a surprise pretext for an attack. Stock markets fell heavily on Monday, while oil prices headed towards $100 a barrel. Assets such as government bonds and the Swiss franc caught a bid.

The VIX equity

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