ZELENSKIY SAID U.S. ENVOYS TOLD HIM PUTIN HAD AGREED TO HAVE EUROPE AT SAME NEGOTIATION TABLE AT NEXT ROUND OF TALKS

Ukrainian President Volodymyr Zelenskiy said that U.S. envoys had told him Russian President Vladimir Putin agreed to include European representatives at the negotiating table in the next round of peace talks. The development is transmitted to markets primarily through a geopolitical risk premium channel, where expectations of a broader, more inclusive diplomatic process tend to compress risk premia on European equities, sovereign spreads, and the euro as the probability of a prolonged conflict or escalation edges lower. European assets, particularly defense-adjacent names and energy-intensive sectors sensitive to supply security, are the most directly exposed, while Russian assets remain constrained by sanctions and would be affected mainly through any perceived easing of restrictions. The claim is unconfirmed by the Kremlin in this report, so traders should treat it as a signal of diplomatic positioning rather than a settled outcome. The next catalyst to watch is whether the Kremlin publicly confirms European participation and whether a date and venue for the next negotiating round are announced.

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