Trump and Putin agree on energy and infrastructure ceasefire in Ukraine conflict
Trending Articles- Trump’s Greenland Tariff Suspension: Crypto Prices Rebound as Investors Weigh Rally Longevity
- When is the US President Trump’s speech at WEF in Davos and how could it affect EUR/USD
- Gold nears $4,700 record as US–EU trade war fears ignite haven rush
- US-Europe Trade War Reignites, Bitcoin’s $90,000 Level at Risk
- Australian Dollar rises as employment data boosts RBA outlook
- AUD/JPY retreats from 109.00 as "rate check" by Japan's Finance Ministry lifts JPY
US President Donald Trump and Russian President Vladimir Putin on Tuesday agreed to an immediate pause in strikes against energy infrastructure in the Ukraine war. Trump’s post echoed the Kremlin, stating that Putin promised to stop attacking each other's energy infrastructure for 30 days. However, the Russian leader declined to sign up for the comprehensive month-long ceasefire that Trump's team recently worked out with Ukrainians in Saudi Arabia.
“We agreed to an immediate ceasefire on all energy and infrastructure,” Trump wrote in a Truth Social post after his call with Putin.
Market reaction
At the time of writing, the Gold price (XAU/USD) is trading 0.07% lower on the day to trade at $3,032.
Read more
* The content presented above, whether from a third party or not, is considered as general advice only. This article should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments.
