The worst financial impacts of war already passed

The loss of life and damage to global security is still worsening, but financial markets are quickly coming to grips with the new landscape. (Photo: )

Dan Brunskill

Wed, 02 Mar 2022

Russian President Vladimir Putin’s invasion of Ukraine has challenged the status quo of European geopolitics and set markets stumbling, but analysts say the worst financial fallout may already be over.In a note to clients, share broker Forsyth Barr said the human cost of the conflict has been tragic, but the economic cost will likely be contained and the pressure on financial markets may ease.The S&P/NZX 50 Index climbed almost 2% yesterday and has rallied almost 4% since the worst fall on Friday when the invasion began.The kiwi dolla...

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