Global stock markets fall and bonds jump as fears grow over Ukraine war | Stock markets

Global stock markets fell and bond prices have jumped after reports that Ukraine had fired a US-made long-range missile into Russia for the first time and Vladimir Putin approved changes to Moscow’s nuclear doctrine.

Investors dashed into safe-haven currencies such as the US dollar, the Japanese yen and the Swiss franc on Tuesday, after the RBC-Ukraine news outlet reported that Kyiv had carried out its first strike on Russian territory using western-supplied missiles.

Moscow said later that Ukraine had fired six US-made Atacms missiles at Russia’s Bryansk region, after Joe Biden’s decision last weekend to relax restrictions on their use. Senior US and Ukrainian officials confirmed that US-made Atacms missiles had been fired into…

Source link