, to Belarus. The consequences for the Ukraine war were not clear, though the challenge to Russian President Vladimir Putin's authority was the starkest in decades of his leadership.
Elsewhere markets were already on edge about a darkening growth outlook, as China's post-pandemic recovery stalls and global interest rates remain high, and traders were unwilling to take any new positions on the basis of Russian events. "I don't think the market can get its head around working out if there are implications," said Ray Attrill, head of foreign exchange strategy at National Australia Bank in Sydney.
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