Kremlin: Need to hear from US before commenting on the acceptability of a ceasefire for Russia
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Kremlin: Need to hear from US before commenting on the acceptability of a ceasefire for Russia

The Kremlin said in a statement on Wednesday, “we need to hear from US National Security Advisor Mike Waltz and Secretary of State Marco Rubio before we will comment on the acceptability of a ceasefire for Russia.”

Additional takeaways

A call between Trump and Putin can be organised "very fast" if needed

Carefully studying statements issued after US-Ukraine talks.

Expect the US camp to brief Moscow on details of talks in the coming days.

Market reaction

Following these headlines, the US Dollar Index (DXY) seems to have paused its recovery. At press time, it is up 0.11% on the day to near 103.50.