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90GEOPOLITICS

US envoys Kushner and Witkoff meet Putin in Moscow, then travel to Kyiv for Ukraine peace talks

⚡ Markets: Any credible progress towards a ceasefire could reduce geopolitical risk premium in European assets and energy prices. Lack of breakthrough maintains status quo.EUR/USDDAXEU natgas

US envoys Jared Kushner and Steve Witkoff held a three-hour meeting with Russian President Vladimir Putin in Moscow to discuss ending the war in Ukraine, before traveling to Kyiv for talks with Ukrainian officials. The Kremlin described the talks as "useful" but reported no breakthrough, while a 72-hour pause in strikes on both capitals was observed for the visit.

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