Euro rallies on hopes for peace in Ukraine after Trump-Putin name
The euro is on the highs of the day after Trump posted a couple of name with Putin the place they agreed to go to one another and start negotiations on an finish to the Ukraine warfare.
The tone of Trump’s feedback have been very heat and he mentioned he agreed to go to Putin in Russia. That might be the primary go to of a US President to Russia since 2009.
There’s a broader enchancment in threat urge for food additionally unfolding, doubtlessly on a deflationary peace dividend, presumably with Russian sanctions eased. Oil costs have additionally fallen by about $1 per barrel.
This text was written by Adam Button at www.ubaidahsan.com.
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