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Russian Envoy Dmitriev says Russia-US meetings in Abu Dhabi are positive; progress on a peace deal despite pressure from the EU and UK; active work ongoing to restore Russia-US relations

Newsquawk Staff ·

Russian Envoy Dmitriev says Russia-US meetings in Abu Dhabi are positive; progress on a peace deal despite pressure from the EU and UK; active work ongoing to restore Russia-US relations.

What it means

The comments from the Russian envoy indicate a potential thaw in Russia-US relations, which could have significant implications for market stability and geopolitical risks. If progress on a peace deal is perceived as credible, we may see shifts in commodities, particularly energy prices, as well as a stronger USD against a weaker EUR and GBP, reflecting overall market sentiment.

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