US President Trump and Russian President Putin held phone call, according to Kremlin media; call lasted over 1.5 hours; Putin proposed ideas on Iran nuclear programme; Trump believes a deal to settle Ukraine conflict is close

The phone call between Presidents Trump and Putin signals a potential thaw in US-Russia relations, especially with discussions around Ukraine and Iran.

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United States is pushing to extend the ceasefire (between Israel and Lebanon) by three additional weeks, in order to create time to complete the preparations related to the delegation and the issues, according to Kan news, citing Al-Jadeed

House passes big rule for farm, FISA, and budget resolution; 216-210, Punchbowl reports

US President Trump and Russian President Putin held phone call, according to Kremlin media; call lasted over 1.5 hours; Putin proposed ideas on Iran nuclear programme; Trump believes a deal to settle Ukraine conflict is close

Israeli Army Chief of Staff says they will remove any threat anywhere, including beyond the Blue Line or north of the Litani River, Al Jazeera reports

Israeli Chief of Staff from southern Lebanon: We will increase our strikes to cross the yellow line.

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  • Trump proposed Ukraine ceasefire during May Victory Day celebrations, Trump reacted positively.
  • Discussed potential for economic and energy projects.
Context

If a ceasefire in Ukraine is indeed on the horizon, it could influence risk sentiment, benefiting equities while impacting safe-haven assets like gold. Additionally, talks on economic partnerships may affect energy prices and broader market dynamics, particularly in commodities.

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