-Trump threatens secondary sanctions on Russia in 50 days
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Says up to 17 Patriot batteries could be available 'very soon' - Russian markets rise, suggesting relief over delay
KYIV/WASHINGTON, July 14 (Reuters) - U.S. President Donald Trump announced new weapons for Ukraine on Monday, and threatened sanctions on buyers of Russian exports unless Russia agrees a peace deal, a major policy shift brought on by frustration with Moscow’s ongoing attacks on its neighbor.
But Trump’s threat of sanctions came with a 50-day grace period, a move that was welcomed by investors in Russia where the rouble recovered from earlier losses and stock markets rose.
And those investors have all reasons to expect that any sanctions/tariffs/whatever would be postponed even further after these 50 days.
Investors likely knew what was going to happen so they pulled out, bought the dip and profited.