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80GEOPOLITICS

Russian President Putin warns that deployment of European troops to Ukraine would mean direct war with Russia

⚡ Markets: Increases the geopolitical risk premium, particularly for European assets. A direct conflict would be bullish for defense stocks, energy commodities, and safe-haven assets like the USD and gold, while being strongly bearish for European equities.EURUSDDAXgolddefense stocks

Russian President Vladimir Putin stated that if European nations were to deploy troops to Ukraine, Moscow would consider it a declaration of war against Russia. The statement serves as a stark warning against deeper direct NATO involvement in the conflict.

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