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𝗪𝘀𝘀 𝗲𝗦𝗽𝗼𝗿𝘁𝘀 | 𝗣𝘂𝗯𝗹𝗶𝗰 Telegram | DID YOU KNOW?

The Russian invasion of Ukraine has been a driving force in markets for the past few weeks. After fleeing Russia, the brothers founded Telegram as a way to communicate outside the Kremlin's orbit. They now run it from Dubai, and Pavel Durov says it has more than 500 million monthly active users. Despite Telegram's origins, its approach to users' security has privacy advocates worried. Overall, extreme levels of fear in the market seems to have morphed into something more resembling concern. For example, the Cboe Volatility Index fell from its 2022 peak of 36, which it hit Monday, to around 30 on Friday, a sign of easing tensions. Meanwhile, while the price of WTI crude oil slipped from Sunday’s multiyear high $130 of barrel to $109 a pop. Markets have been expecting heavy restrictions on Russian oil, some of which the U.S. has already imposed, and that would reduce the global supply and bring about even more burdensome inflation.
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𝗪𝘀𝘀 𝗲𝗦𝗽𝗼𝗿𝘁𝘀 | 𝗣𝘂𝗯𝗹𝗶𝗰Channel: @WSS_eSports

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