- Putin declares truce for Victory Day May 7-11th.
- In the event of violations of the ceasefire by Ukraine, Russia will respond.
More:
- Russia once again declares its readiness for peace talks without preconditions.
I don’t think Russia-Ukraine peace deal is that much of a deal for global markets. At margin, it could be negative for oil, but trade negotiations will have a bigger weight.
It will likely be positive for Russian and Ukraine assets though.
This article was written by Giuseppe Dellamotta at www.forexlive.com.