Kremlin: Putin backs idea not to hit energy facilities for 30 days

• Agree of swap of 175 POWs on each side
• Trump and Putin agreed to stay in contact
• Discussed Middle East, energy
• Putin reaffirmed commitment to peaceful resolution of conflict
• Russia and US to set up expert groups on Ukrainian settlement
• Russia to hand over 23 gravely injured Ukrainian servicement

This doesn’t sound like a big ceasefire announcement.

• There are a number of points concerning ensuring control over possible ceasefire
• In context of ceasefire initiative, Putin said there must be a stop to Ukrainian mobilization and the arming of Ukraine
• Putin and Trump expressed mutual interest in normalizing relations in light of their special responsibility for ensuring security in the world
• Putin reaffirmed his fundamental commitment to a peaceful resolution of the conflict in Ukraine in talks with Trump – Kremlin
• Putin backs idea not to hit energy facilities for 30 days
• Trump backed Putin’s idea of organizing ice hockey games in the US between Russia and US players

Now we’re talking.

The headlines are unceasingly clear that there was no big breakthrough today.

• Russia said that Putin underlined that the key condition of settling the conflict is a complete halt of foreign military aid and intelligence information to Ukraine.

We will wait on the White House readout.

This article was written by Adam Button at www.forexlive.com.