The activities of traders and investors are certainly influenced by the fundamentals of an event that occurs in the real world. War can clearly affect the global economy and at the same time the active role of traders and investors in the market decreases where the impact is that demand tends to be smaller than supply. The market will form a pattern based on trader activity, if the fundamentals are not good then the price will fall. But I don't think global fundamentals like war can completely affect market activity, but the fact is that market activity is very dependent on trader interest and the two are interrelated.