Possible scenario
Limited Strategic Effect
+0.1%
Despite the headline number of drones and ballistic missiles, Ukraine prevents the campaign from inflicting a decisive near-term power-system failure. Repairs, imports and distributed generation keep the economic disruption below Russia’s apparent objective.
What it moves
- Finance+0.2%
- Technology+0.2%
- Market volatility
- Riskier companies' borrowing costs
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