THE U.S. IS TO OFFER PUTIN IN-PERSON TALKS WITH ZELENSKIY AND TRUMP - POLITICO

Politico reports that the United States is preparing to offer Russian President Vladimir Putin in-person talks involving Ukrainian President Volodymyr Zelenskiy and former President Donald Trump, a potential diplomatic initiative aimed at ending the war in Ukraine. The transmission channel for markets runs primarily through geopolitical risk premia and energy supply expectations: a credible path to negotiations tends to compress risk premia on Russian-linked assets and European energy and defense names, while prospects for a settlement feed into expectations for sanctions relief and the eventual normalization of Russian commodity flows. Russian sovereign bonds, the ruble, and Russian equities would be the most directly sensitive, with European natural gas benchmarks and oil-linked currencies also repricing on any shift in supply-disruption odds. Defense contractors may see offsetting pressure if peace expectations build, though the headline itself carries no confirmed meeting date or terms, which limits how far positioning should move on the report alone. Traders should watch for official confirmation from the White House, Kremlin, or Kyiv, along with any sanctions statements from

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