There is a high probability of market correction, geopolitical tension has returned again.
The Biden administration, after several months of deliberation, has finally granted Ukraine permission to strike Russian territory with long-range ATACMS missiles. This is 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, according to sources cited by Reuters. According to the agency's interlocutors, a modification of the missiles with a range of 300 km will be used.
The market was so focused on positive sentiment after the US presidential elections that it seems to have forgotten that the current administration of the White House has more than 60 days left to make decisions. Now market participants will start to remember this and factor it into prices
