Ukraine, Norway to produce drones amid Russia conflict escalation

## Market Snapshot Russia-Ukraine ceasefire predictions show a current YES pricing of 0.1% for April 30 and 5.6% for May 31. Recent developments, including the drone production agreement, appear to have influenced a slight decline in YES probability for the nearest term. ## Key Takeaways – The announcement of Ukraine and Norway producing mid-strike drones suggests ongoing military escalation, affecting market sentiment toward a ceasefire. – Current market pricing reflects a minimal probability of a ceasefire by April 30, with a slight increase in perceived likelihood by May 31. – The drone production agreement may indicate sustained support for Ukraine, affecting the perception of conflict duration.

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