FX.co ★ Ukrainian-Russian conflict, day 56. The West continues to supply weapons to Ukraine.

The key indices of the US stock market - the Dow Jones, NASDAQ, and S&P 500 - ended Tuesday with strong growth, although there was not a single event that could affect the stock or foreign exchange market during the past day. Nevertheless, even the growth of stock indices can hardly be regarded as a positive moment now. Recall that the entire US stock market is being adjusted at this time after strong growth in 2020-2021. And there is reason to assume that the correction will also be strong. The Fed will raise rates, and we are already talking about increases by 0.5-0.75% at almost every next meeting in 2022, and will also reduce the balance by $ 100 billion per month, starting presumably from June. All these measures cannot be ignored by market participants: the dollar is likely to continue to grow, and US stock indices will decline. Thus, we are not supporters of optimism about the future of the US stock market.

Meanwhile, the 56th day of the military operation conducted by Russian troops has begun in Ukraine. It is very difficult to say what goals Moscow is setting now since the goals voiced by various "top officials" over the past two months are very different from each other. It all started with the fact that the Kremlin was going to completely "demilitarize" and "denazify" Ukraine, as well as change the Zelensky regime in Kyiv. Now we are talking about the liberation of Donbas. At the same time, the United States, Great Britain, and other countries of the world announced that they would continue to supply military aid to Ukraine. In particular, now we are talking about artillery weapons and heavy, armored vehicles. There were also reports that NATO countries would supply combat aircraft to Ukraine, but since this type of weapon could be regarded by the Kremlin as "for attack", which could provoke a conflict between it and NATO, military aircraft will be supplied to Ukraine in disassembled condition, as spare parts. In general, the arming of Ukraine continues, and although it is its infrastructure that suffers from military actions, Ukrainians have something to defend themselves with, and this is an absolute fact. Most likely, the "second phase" of the special operation will already choke in the Donbas in the same way as the first. Yes, Ukraine will come out of this conflict with huge losses, but Europe and America have already announced the transfer to Kyiv of all funds confiscated from Russia as reparations. And this is several hundred billion dollars. In addition, there is already a "Marshall Plan" for Ukraine, which is supported by Britain, the European Union, and the United States. Now the main thing is that the hostilities end as soon as possible, otherwise the global economy may begin to slow down.