US and Russia negotiate extensions to New START nuclear pact, Axios reports citing sources
The ongoing negotiations between the US and Russia regarding the New START nuclear pact are significant as they could influence global security dynamics.
[MARKET UPDATE] Risk off trade entering the market as US equity futures slip, alongside strength in havens (USTs and JPY), but gold remains steady; without fresh newsflow
BoE Governor Bailey (Q&A) on why it didn't cut today, says MPC needs to see more evidence that inflation will sustainably return to target
US and Russia negotiate extensions to New START nuclear pact, Axios reports citing sources
UK and US signed MoU on critical minerals on 4th February 2026; announcing a partnership to drive investment in critical minerals supply chains
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- Two of the sources cautioned that the draft plan still needed approval from both presidents.
- An additional source confirmed that negotiations had been taking place over the past 24 hours in Abu Dhabi, but not that an agreement had been reached.
While the discussions are a positive signal of diplomacy, the lack of a finalized agreement keeps uncertainty in play, which may impact market sentiment towards risk assets, particularly in defense and related sectors.
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