92GEOPOLITICS
⚡ Markets: Reduces immediate tail risk of major escalation, potentially weighing on defense stocks and energy prices if a path to resolution emerges. Positive for European equities and the Euro if diplomatic progress is sustained.EURUSDDAXBrentDefense Stocks
US President Trump's envoys met with Russian President Putin for over three hours to present ideas for ending the war in Ukraine. Coinciding with the visit, Russia and Ukraine implemented a temporary 72-hour pause in strikes on each other's capitals, with the envoys scheduled to visit Kyiv next.
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