How will the collapse of European, Asian, and US stock markets affect Ukraine?

The value of shares in leading US and European companies and businesses is rapidly decreasing. First, the reduction concerns assets with a high level of risk. For Ukraine, these events in the financial markets may have delayed consequences in the form of an increase in the value of foreign currency due to anti-inflationary decisions and the complications of obtaining financial assistance at the national budget level. However, analysts have not yet determined how long and significant the change process in the asset market is.

According to FT, the US labor market forecast is one of the reasons for the recent negative trends in world markets. This report talks about a decrease in US economic activity, which in turn caused a defensive reaction in stock markets, fueled by fear of a recession in one of the largest global economies. The chain reaction also affected Japanese and other Asian markets, eventually joined by valuations of cryptocurrencies and oil.