Russian strikes on the Kyiv region have resulted in the deaths of a woman and her two children, along with injuries to other civilians and property damage. A separate strike in Dnipro injured four people and caused a fire. This intensification of strikes on civilian targets suggests a significant escalation of the conflict, with potential implications for Russia’s territorial ambitions in Ukraine. Market participants are adjusting their expectations regarding Russian territorial gains, with the probability of Russian forces reaching Sloviansk by year-end declining.
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