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92GEOPOLITICS

US envoys Kushner and Witkoff meet Putin in Moscow for Ukraine peace talks; 72-hour ceasefire in Kyiv announced

⚡ Markets: Any credible progress towards a ceasefire or peace settlement would be risk-on for European equities and the Euro, and bearish for defense stocks and energy prices that have a geopolitical risk premium.EURUSDDAXLMTBrent

US envoys Jared Kushner and Steve Witkoff held a three-hour meeting with Russian President Vladimir Putin at the Kremlin to discuss proposals for ending the war in Ukraine. Coinciding with the visit, Russia announced a 72-hour pause in strikes on Kyiv, which Ukraine reciprocated for Moscow, as the envoys are scheduled to travel to the Ukrainian capital next.

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