MNI BRIEF: BOC Saw Little Need For A 50BPs Rate Cut

BOC DID NOT SERIOUSLY CONSIDER A 50BP RATE CUT- MACKLEM

BOC SAYS UNCERTAINTY MEANS CAN'T GIVE FORWARD GUIDANCE

CORRECTED-MNI BRIEF: Brazil's Inflation Rises To 5.06% In Feb

MNI China Daily Summary: Wednesday, March 12

MNI BRIEF: China To Boost Environmental Equipment Industry

EZ/UK T-Bill Calendar: 1/3/6-month UKTB Due Thursday

EZ/UK Bond Supply Calendar: Greece Synd / Italy Auction Thurs

US EIA: CRUDE OIL STOCKS EX SPR +1.45M TO 435.2M MAR 07 WK

GERMANY: Union/SPD Migration Alignment After Turmoil Threatened Debt Deal (BILD)

GERMANY: Official Interim Election Results Tilt Towards Missing BSW & FDP

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

SECURITY: Bessent Says US Stands w/Ukraine Ahead Of Key Week For Peace Process

SECURITY
EM BulletFixed Income BulletsHomepagemarkets-real-timePolitical RiskCommoditiesPolitical Risk BulletBulletMarketsEmerging Market NewsForeign Exchange Bullets

Reuters reporting comments from Ukrainian President Volodymyr Zelenskyy and US Treasury Secretary Scott Bessent following a meeting in Kyiv today.

  • Amid uncertainty over US President Donald Trump’s long-term commitment to Kyiv, Bessent said he, “would like to send a signal to the world the US stands with Ukraine in the face of Russian aggression.” Adding that his first visit being to Ukraine, “shows the war is a top priority for the Trump administration.”
  • Zelenskyy characterised the discussion as “productive and constructive” noting that he will study a natural resources agreement presented by Bessent ahead of Friday’s Munich Security Conference. Zelenskyy confirmed that resources in territories occupied by Russia were not discussed.
  • An agreement between the US and Ukraine to provide US firms with rights to Ukrainian resources, including rare earths, is seen as facilitating continued US assistance, with Bessent noting a critical minerals deal is “part of a larger peace deal…”
  • Trump wrote in a message on Truth Social ahead of the meeting: “The U.S. has spent BILLIONS of Dollars Globally, with little to show.”
  • Trump’s national security advisor Mike Walz told NBC this week: “We need to recoup those costs and that is going to be a partnership with the Ukrainians in terms of their rare earths, their natural resources and their oil and gas, and also buying ours. Those conversations are going to happen this week.”
225 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Reuters reporting comments from Ukrainian President Volodymyr Zelenskyy and US Treasury Secretary Scott Bessent following a meeting in Kyiv today.

  • Amid uncertainty over US President Donald Trump’s long-term commitment to Kyiv, Bessent said he, “would like to send a signal to the world the US stands with Ukraine in the face of Russian aggression.” Adding that his first visit being to Ukraine, “shows the war is a top priority for the Trump administration.”
  • Zelenskyy characterised the discussion as “productive and constructive” noting that he will study a natural resources agreement presented by Bessent ahead of Friday’s Munich Security Conference. Zelenskyy confirmed that resources in territories occupied by Russia were not discussed.
  • An agreement between the US and Ukraine to provide US firms with rights to Ukrainian resources, including rare earths, is seen as facilitating continued US assistance, with Bessent noting a critical minerals deal is “part of a larger peace deal…”
  • Trump wrote in a message on Truth Social ahead of the meeting: “The U.S. has spent BILLIONS of Dollars Globally, with little to show.”
  • Trump’s national security advisor Mike Walz told NBC this week: “We need to recoup those costs and that is going to be a partnership with the Ukrainians in terms of their rare earths, their natural resources and their oil and gas, and also buying ours. Those conversations are going to happen this week.”