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Ukrainian President Zelensky says Russia's position is absurd and may be an indication that Moscow is not ready for real peace, Sky News Arabia reports

Newsquawk Staff ·

Ukrainian President Zelensky says Russia's position is absurd and may be an indication that Moscow is not ready for real peace, Sky News Arabia reports.

What it means

Zelensky's comments suggest ongoing tensions, indicating that Russia may not be prepared for genuine negotiations, which keeps uncertainty around the conflict alive. This could sustain upward pressure on commodities and safe-haven assets like gold, while impacting currency volatility, particularly in the USD and EUR as traders reassess risk exposures. Overall, the geopolitical landscape remains fragile, affecting market sentiment and trading strategies.

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