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Russian Foreign Minister Lavrov says, regarding reports that US ambassadors could visit Moscow, says President Putin is willing to have serious talks. Discussion of a Ukraine ceasefire is not serious.

Lavrov's remarks signal President Putin's openness to dialogue with the U.S., which may suggest a slight thaw in tensions.

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However, his dismissal of the Ukraine ceasefire discussions as "not serious" indicates that substantial progress remains elusive. This backdrop could keep market participants cautious, particularly in currencies like the USD and EUR, and in commodities sensitive to geopolitical risks, like oil and gold.

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