Russia brushes off ceasefire talks, says “there are many rumours” circulating

• There are many rumours circulating in Western media (on a potential ceasefire)
• US will inform Russia about its talks with Ukraine
• Will stay in touch in a timely manner
• Putin has been briefed about drone attack on Moscow region
• Air defence systems worked very well in repelling Ukraine drone attack

As a reminder, key delegates from the US and Ukraine are due to meet in Saudi Arabia today. There is some hope for a partial truce or a ceasefire but it remains to be seen if there is enough progress to move towards that. I mean, we likely won’t get as much drama as the whole farce in the Oval Office between Trump, Vance, and Zelenskyy but it doesn’t mean we’re guaranteed a positive outcome either. In any case, just be aware of this and watch out for potential headlines later.

This article was written by Justin Low at www.forexlive.com.