Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
Ukrainian President Volodymyr Zelenskyy claimed late on 27 July that his country's forces have retaken the village of Staromaiorske in the Donetsk oblast as its counteroffensive against Russian troops continues in the south and east of Ukraine. The village sits in a strategically important position, 5km from the village of Staromlynivka to the south that military analysts identify as a Russian stronghold in the region. If Staromlynivka can be taken it would mark a breach of the Russian's second defensive line, potentially allowing Ukrainian troops to break through in their efforts to reach the Sea of Azov and cut off Russian troops to the west in the Kherson and Zaporizhzhia oblasts, as well as the Crimea.
- Despite this apparent success, the progress of Ukraine's advance remains slow given that Russian troops have heavily dug in along fortified lines intended to halt both ground troops as well as mechanised battalions. Politico reports that the US-made Abrams M1A1 tanks are expected to reach the Ukrainian front lines by September. The heavy American hardware could prove crucial in providing enough firepower to break through the Russian lines.
- It remains to be seen whether Russian President Vladimir Putin is forced into a risky second mobilisation in order to bolster his forces in the face of Ukraine's attack. Russia's casualties have so far been higher than Ukraine's, but as Kyiv ramps up its counteroffensive this situation could change in the face of embedded Russian forces.
Source: Institute for the Study of War
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.