88GEOPOLITICS
⚡ Markets: Any credible peace progress would be risk-on for global markets, bearish for energy prices and defense stocks. Lack of breakthrough maintains the status quo, with continued pressure on European energy and agricultural commodities.WheatEU natgasDefense StocksRUB
US envoys Jared Kushner and Steve Witkoff held talks in Moscow with Vladimir Putin and then in Kyiv with Volodymyr Zelenskyy in a renewed diplomatic push to end the war. While both sides described the talks as substantive, no breakthrough was announced, and Zelenskyy warned that the war is likely to continue into the winter.
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