Russia-Ukraine ceasefire agreementRussian airstrikes in eastern Ukraine have resulted in the deaths of three individuals, according to local officials. These airstrikes are part of ongoing military operations in the region, where Russia has been conducting repeated mass strike waves, particularly targeting cities such as Kramatorsk and Slovyansk. The continuation of such military aggression suggests an ongoing high-intensity conflict, with significant implications for prospects of a ceasefire agreement. AdvertisementKey TakeawaysThe recent airstrikes appear consistent with scenarios of continued military aggression by Russia, impacting ceasefire probabilities. Continued military actions, particularly those resulting in civilian casualties, may further affect the likelihood of a ceasefire agreement, with market dynamics reflecting these uncertainties.