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78GEOPOLITICS

US President Trump and Russian President Putin Hold Hour-Long Call to Discuss Ending Ukraine War

⚡ Markets: A potential de-escalation in Ukraine would be bullish for European assets and bearish for defense stocks and some commodities, but the outcome remains highly uncertain.DAXEURUSDLMTRTX

Following a visit by US envoys to Moscow and Kyiv, Presidents Trump and Putin held an hour-long phone call. The Kremlin reported they discussed a swift end to the war in Ukraine and a broad restoration of US-Russia ties, with Trump reportedly offering "great economic benefits" in exchange for peace.

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