Eyes on Ukraine as intense talks continue. Russia could help fund reconstruction

There are a couple of notable reports on Ukraine today and both point to a near-term conclusion of the war.

The first is from Reuters, which reports that Russia could agree to using part of the $300 billion of sovereign assets frozen in Europe for reconstruction in Ukraine but will insist that part of the money is spent on the one-fifth of the country that’s controlled by Russia.

A separate report from Axios said US and Ukrainian officials negotiated “all night” into today to conclude a minerals deal in what US officials called a “make or break scenario fro the Ukrainians”. The terms of the deal are not clear.

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