US Secretary of State Rubio cancels trip to meet with European leaders in Munich, FT reports

• Rubio cancelled due to a scheduling conflict.
• FT says the move signals Washington's waning interest in involving Europe in efforts to solve the war. 
• A European official told the FT the meeting lacked substance without US participation. 

The cancellation of Secretary of State Rubio's trip reflects a potential shift in U.S. engagement with European leaders regarding the ongoing conflict. This development may heighten concerns over the robustness of U.S.-EU collaboration on global issues, possibly impacting risk sentiment and influencing capital flows into safe-haven assets like gold and bonds.