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
This development suggests a potential easing of tensions between the U.S.
OPEC+ likely to keep its pause on oil output increases for March at Sunday meeting, according to sources
[MARKET ANALYSIS] European equities are broadly firmer; Basic Resource names lag on the back of tumbling metal prices
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
EU Unemployment Rate (Dec) 6.2% vs. Exp. 6.3% (Prev. 6.3%)
EU GDP Growth Rate YoY Flash (Q4) Y/Y 1.3% vs. Exp. 1.2% (Prev. 1.4%)
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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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