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Ukrainian President Zelensky says he is aware that the US and Europe have been talking to Russia and we must be prepared to react to surprises

Newsquawk Staff ·

Ukrainian President Zelensky says he is aware that the US and Europe have been talking to Russia and we must be prepared to react to surprises.

What it means

Zelensky's remarks suggest heightened awareness of diplomatic efforts involving Russia, indicating potential shifts in the geopolitical landscape that could lead to surprises. This uncertainty may impact risk sentiment, encouraging safe-haven flows into assets like gold or the Yen, while creating volatility in relevant currencies such as the USD and EUR as traders reassess their positions in light of possible escalation or de-escalation scenarios.

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