TRUMP SAYS RUSSIA HAS BEEN FINE ON UKRAINE AND THAT HE IS NEGOTIATING WITH PUTIN ON UKRAINE, ADDING HE IS ALSO NEGOTIATING WITH RUSSIA ON IRAN AND DIESEL AND TRYING TO GET A HOSTAGE

The headline reports that President Trump said Russia has been "fine" on Ukraine, that he is negotiating with Vladimir Putin on Ukraine, and that talks with Russia also cover Iran, diesel, and a hostage. No terms, timelines, or counterparties' responses are given. The market channel is geopolitical risk premium: direct US-Russia engagement on Ukraine could l

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