US reportedly aims for a March peace deal in Ukraine, followed by quick elections, according to reports
Newsquawk Staff ·
US reportedly aims for a March peace deal in Ukraine, followed by quick elections, according to reports.
What it means
The reports of the US aiming for a March peace deal in Ukraine suggest a potential de-escalation of the ongoing conflict, which could have significant implications for risk assets and energy markets. If elections follow this resolution, the sentiment could pivot towards stability in the region, potentially supporting equities and weakening safe-haven assets like gold. Traders should monitor how the markets respond to these developments, particularly in relation to oil prices and the Euro amid heightened geopolitical sensitivity.
- Ukrainian President Zelensky says negotiations between Ukraine, Russia and the US could take place as early as November 10th
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- UKMTO says it has received reports of suspicious activity potentially linked to piracy in the Gulf of Aden
- Qatar has not presented a new proposal to end hostilities between Iran and the US, Reuters reports, citing a senior Iranian official; Tehran's policy of showing no flexibility over the nuclear issue remains unchanged
- Reports of a Yemeni attack targeting Saudi forces in Aden
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