🔸There is a high probability of a market correction, geopolitical tensions have returned again.
The administration of Joe Biden, after several months of deliberation, has finally given Ukraine permission to strike Russian territory with long-range ATACMS missiles. This was reported by The New York Times, citing officials familiar with the matter.
The first ATACMS strikes on Russia will take place in the coming days, Reuters reports, citing sources. According to agency contacts, a missile modification with a range of 300 km will be used.
The market was so focused on positive sentiment following the U.S. presidential election that it seems to have forgotten that the current administration has more than 60 days left to make decisions. Now market participants will start to remember this and take it into account in prices.