China first used the UK-provided "Storm Shadow" missiles to strike targets within Russia, causing US stocks to fall
According to CCTV News, on November 20 local time, British media reported that Ukraine used the British-supplied "Storm Shadow" cruise missiles to strike targets within Russia for the first time. The Russia-Ukraine conflict escalated, leading to a decline in U.S. stocks, with the most noticeable reaction among major assets, although not as severe as the reaction in early trading on Tuesday. U.S. Treasury yields fell slightly, gold rose slightly, and Bitcoin continued its upward trend
According to CCTV News, on November 20 local time, British media reported that Ukraine used the British-supplied "Storm Shadow" cruise missiles for the first time to attack targets within Russia.
Previously, while the UK allowed Ukraine to use military equipment such as tanks, it had always restricted the use of long-range missiles. Reports indicate that Ukraine, with the permission of Western countries, has for the first time used British "Storm Shadow" missiles to attack targets in Russia's Kursk region. The Times also cited sources stating that the ban on Ukraine using British "Storm Shadow" missiles on Russian territory has likely been lifted.
The British and Ukrainian military have not officially confirmed the use of the missile.
Affected by the escalation of the Russia-Ukraine conflict, U.S. stocks fell in early trading, with the reaction most pronounced among major assets, although not as intense as on Tuesday morning. On Tuesday, reports indicated that Ukrainian forces used U.S.-made missiles to launch attacks. U.S. Treasury yields dipped slightly, gold rose slightly, and Bitcoin continued its upward trend.
The following chart shows the trend of U.S. stocks:
The following chart shows the trend of gold:
On Tuesday, according to Global Times citing reports from TASS and other Russian media on the 19th, the Russian Ministry of Defense stated that Ukrainian forces used six U.S.-made Army Tactical Missile System (ATACMS) missiles to attack targets located in Russia's Bryansk region in the early hours of the 19th.
According to CCTV News, in response to U.S. media reports about the authorization for Ukraine to use U.S. weapons to attack deep into Russia, some military analysts believe that this could help Ukrainian forces establish a foothold in Russia's Kursk region, providing leverage for potential future ceasefire negotiations, but it is unlikely to change the strategic situation of the Russia-Ukraine conflict