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Markets Await Russian Response as Zelensky Looks to Compromise for Ceasefire

RUSSIA
  • Encouraging comments from Zelensky overnight asking for direct talks with Putin on key issues, such as neutrality & NATO membership in exchange for a ceasefire followed by discussion of Crimea & separatist republics.
  • This seems like a reasonable position and could promote a more fruitful dialogue, but we will await a Russian response as they had said there were not grounds yet for a Zelenksy-Putin meeting.
  • The fact that Russia’s offensive is encountering difficulties may push them into more serious negotiations as Putin may want to avoid a broad military recruitment push at home.
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com

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