From FT Alphaville's Claire Jones:
Russia’s invasion of Ukraine rattles markets
A quick overview of what’s happened this morning.
Russia has decided to embark on a full scale invasion of Ukraine. So, in the shadow of the one of the worst days for European democracy since the Second World War, forgive the sombre tone.
Markets, as you might imagine, are lurching.
Here’s the Russian stock index — the Moex — down 29 per cent after falling as much as 50 per cent in early trading. Via the FT:
The ruble, also, is sinking — touching 84 to the dollar compared with 75 at 2021’s start....
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