RUSSIA'S OFFER FOR A CEASEFIRE ON MAY 9 IS JUST ANOTHER TRY TO WIN OVER THE U.S., ACCORDING TO UKRAINE'S FOREIGN MINISTER.

Ukraine's Foreign Minister has characterized Russia's proposal for a ceasefire on May 9 as a strategic maneuver aimed at gaining favor with the United States. This development may influence risk appetite in global markets, particularly as geopolitical tensions remain high. Assets most exposed include Russian and Ukrainian equities, which could see volatility based on perceptions of conflict resolution or escalation. Traders will be closely watching for any official U.S. response or further developments in peace negotiations, particularly around the May 9 date, which could significantly impact market sentiment.

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