Turim’s Insights

The war between Russia and Ukraine – and its unfolding on a global scale – was the main factor impacting the markets in February and continues to cause many developments in March. This topic guided the discussion of this month’s #VisãoTurim.

In the conversation with our experts, Nelson Abrahao explained that, as both countries are major commodity exporters, “the process of interruption of production chains and the more persistent inflation that the world had been witnessing gained even more traction with the conflict”.

Our founder and co-CEO Gustavo Marini further assesses that “the conflict puts pressure on commodity inflation, energy inflation and complicates the lives of central banks”, he concludes.