- Russian President Putin: I tell the West, we have lots of weapons to reply, it is not a bluff
Market news
21 September 2022
Russian President Putin: I tell the West, we have lots of weapons to reply, it is not a bluff
Russian President Vladimir Putin threatens the West on Wednesday, noting that “we have lots of weapons to reply, it is not a bluff.”
Additional quotes
The West has engaged in nuclear blackmail against Russia.
We will use all resources we have to defend our people.
The government must provide funds to increase the production of weapons.
Market reaction
A fresh risk-aversion wave seems to have hit markets on renewed geopolitical concerns, driving the US dollar 0.20% higher against its major rivals. The spot is currently trading at 110.45, with eyes on the Fed decision. Putin's decision of partial military mobilization in Ukraine could be viewed as an escalation by the West.
Market Focus
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