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Russia Steps Up Air Raids on Kyiv Ahead of Anticipated Counteroffensive

RUSSIA
  • Russia launched cruise missiles at Ukraine's capital and the Odesa region early Thursday, officials said as reported by AP. It was the ninth Russian air raid that targeted the capital this month, a clear escalation after weeks of lull and ahead of a much-anticipated Ukrainian counteroffensive. Most of the missiles were shot down, and one death was reported from the attacks.
  • Bank of Russia Deputy Governor Alexey Zabotkin will hold a news conference at 1300BST/1500 local time presenting the main results of research work carried out by the staff of the Bank of Russia on issues including the inflation targeting period and recommendations based on these results.
  • The Bank of Russia will report weekly gold and FX reserve data at 1400BST/1600 local. There are no other major data releases left on the docket for the remainder of the week.
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