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The market switched its focus back on geopolitical events

CAPEX.com

Russian Foreign Minister Lavrov has reawakened fears of a nuclear confrontation, warning that the risks are growing to the extent that Western countries are supplying heavy weapons to the Ukrainian army. All analysts agree that Putin should show the success of his military operation in early May. The chances of this happening are decreasing, given that the Ukrainian army is getting increasingly more equipped. Russia's reaction to this eventuality is unpredictable. The war in Ukraine, which had lost intensity in terms of its effect on the market, has returned to the stage again.

Source: https://capex.com/en/overview/risk-aversion-market-sentiment-prevails
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