In Russia, the Moscow Stock Exchange lost 7 percent on Monday due to the increasing tension between the USA and Russia over Ukraine. Futures markets in the USA and European markets also started the week with a decline as the global risk appetite decreased.
Nasdaq futures fell 0.5%, while the Euro Stoxx 50 fell more than 2%. The CAC 40 fell by 2 percent, while the FTSE 100 fell by 1.3 percent. The fall in the stock markets and the decrease in global risk appetite were also influential in the US State Department’s ordering the families of the staff at the Kyiv embassy to leave Ukraine, even against Russian intervention.
The Ministry of Foreign Affairs has issued a travel warning to Ukraine amid rising tension between Russia and Ukraine.
In the issued warning, “On January 23, 2022, the State Department allowed employees directly hired at the US Embassy in Kyiv to voluntarily leave Ukraine due to the ongoing threat of Russian military action and ordered members of their diplomatic family to leave. US citizens in Ukraine should consider leaving using commercial or other private transportation options.“