GLOBAL markets have been in turmoil since Russia began its invasion of Ukraine on Feb 24.
As soon as Russian President Vladimir Putin announced a "special military operation" against Ukraine, markets have seen large intraday swings as investors react to live streams of information online.
On the first day of the invasion, the pan-European Stoxx 600 index shed 3.3 per cent and sank to its lowest level since May 2021 on expectations of severe sanctions on Russian oil and gas exports.
While the S&P 500 declined 2.6 per cent at its lowest, the US' initial announcement of weaker sanctions gave markets a boost, bringing the index up 1.5 per cent for the day.
The conflict comes at a time when markets and...