Russia's Kremlin says US President Trump personally asked Russian President Putin to halt strikes on Kyiv until Feb 1 and create favourable conditions for negotiations

Newsquawk Staff · 30 Jan 2026, 10:22 UTC

Russia's Kremlin says US President Trump personally asked Russian President Putin to halt strikes on Kyiv until Feb 1 and create favourable conditions for negotiations.

What it means

This development suggests a potential easing of tensions between the U.S. and Russia, which could result in reduced conflict-related risks. If negotiations lead to a ceasefire, markets may rally, particularly in equities and commodities, while safe-haven assets like gold may see less demand. Traders should monitor how this news impacts currencies and shifts market sentiment, especially regarding the USD and EUR as geopolitical uncertainties evolve.

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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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Iranian President Pezeshkian says the Supreme Leader has granted the government some authority on dialogue, ISNA reports.
EUR/USD+0.1%
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EUR/USD−0.1%
ECB President Lagarde (Q&A) says policymakers believe they are in a good position to wait for incoming information. The situation they are in could have warranted a hike.
EUR/USD+0.1%

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