Russian President Putin made decision to announce temporary ceasefire in conflict with Ukraine, Ria reports; is in connection with Victory Day and will be in effect May 8-9th
Putin's announcement of a temporary ceasefire coinciding with Victory Day could signal a potential easing of tensions in the Russia-Ukraine conflict, which may influence market sentiment.
Russian Defence Ministry says if Ukraine attempts to disrupt Victory Day celebrations, there will be a massive retaliatory missile strike on the centre of Kyiv, Interfax reports
US President Trump says Iran has taken some shots at unrelated nations with respect to the ship movement, Project Freedom, including a South Korean cargo ship
Russian President Putin made decision to announce temporary ceasefire in conflict with Ukraine, Ria reports; is in connection with Victory Day and will be in effect May 8-9th
ECB's Nagel says the longer the conflict lasts, the greater the risk that inflation will remain high without ECB intervention and starting point much better than in 2022
Following the developments in the Gulf, PM Netanyahu is holding several security discussions today and Israel is prepared for any scenario, Amichai Stein reports citing Israeli source
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The ceasefire could impact energy and commodity prices, particularly in crude and metals, as traders assess the implications for supply dynamics and geopolitical stability. Overall, this development might provide a more favorable environment for risk assets, affecting both currencies and commodities.
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