US special envoy Witkoff thinks they are largely finished on security guarantees and protocols; close to finishing off a robust prosperity agreement for Ukraine
The statement from US special envoy Witkoff indicates significant progress towards peace agreements regarding security guarantees and economic prosperity for Ukraine.
Fed Discount Rate Minutes: In December, FOMC approved 25bps cut in rate on discounts and advances made under primary credit programme
[MARKET UPDATE]: Oil continues to see weakness amid more positive rhetoric regarding US/Ukraine and an agreement
US special envoy Witkoff thinks they are largely finished on security guarantees and protocols; close to finishing off a robust prosperity agreement for Ukraine
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- Prepared to do anything necessary to get to peace.
This suggests a potential de-escalation in geopolitical tensions, which could positively influence market sentiment, particularly in related sectors like defense and commodities, while also signaling a strategic pivot that might support risk assets moving forward.
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