US President Trump on Ukraine-Russia war, says when Ukraine is ready, Russia is not; when Russia is ready, Ukraine is not

Newsquawk Staff · 20 Jan 2026, 20:33 UTC

US President Trump on Ukraine-Russia war, says when Ukraine is ready, Russia is not; when Russia is ready, Ukraine is not.

What it means

President Trump's comments on the Ukraine-Russia conflict highlight the continued stalemate and uncertainty in the situation, which is critical for market sentiment. Any escalation or prolonged conflict typically impacts equity markets, commodity prices (especially energy), and currency pairs such as USD and EUR, as investors seek safe havens or react to volatility. Keep an eye on how ongoing geopolitical tensions may influence the broader market dynamics through risk sentiment and commodity prices.

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US Market Open, 6 Nov, 10:48 UTC · what it led with

APAC stocks were pressured; KOSPI slumped 6% following hefty losses in Samsung and SK Hynix.
USD is firmer against all G10 peers awaiting the US NFP report.

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FX headlines from our feed, and what the market did next.

Iranian President Pezeshkian says the Supreme Leader has granted the government some authority on dialogue, ISNA reports.
EUR/USD+0.1%
ECB policymakers see a December rate hike followed by a pause; New ECB staff estimates show the rise in bond yields cutting growth by a cumulative 100bps and inflation by 90bps in 2027-28 vs the September baseline, according to reports, citing sources.
EUR/USD−0.1%
ECB President Lagarde (Q&A) says policymakers believe they are in a good position to wait for incoming information. The situation they are in could have warranted a hike.
EUR/USD+0.1%

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