As reported by Reuters, A deal has been struck for an upcoming summit between US President Donald Trump and Russian President Vladimir Putin, and contenders for a 3rd-party meeting place are currently under consideration.
Key quotes
"Kremlin foreign policy aide Yuri Ushakov, speaking after Putin met U.S. National Security Adviser John Bolton in the Kremlin, said the summit would take place in a mutually convenient third country and that several more weeks were needed to prepare for it. Moscow and Washington will announce the time and place of the summit on Thursday. In Washington, Trump said their meeting likely would take place after a July 11-12 summit of NATO leaders he is due to attend.
Trump confirmed that Helsinki was a possible site. Other officials said the Russians were pushing for the summit to be in the Austrian capital of Vienna.
Trump listed Syria and Ukraine among the many subjects he said they would discuss. His list did not include warnings from U.S. intelligence officials that Russia will try to interfere in U.S. congressional elections in November. The two men last met in November on the sidelines of an Asia-Pacific summit in Vietnam. After those talks, Trump said he believed Putin’s denials Russia had meddled in the 2016 U.S. presidential election - remarks Trump later backed away from.
“It is entirely possible for a U.S.–Russia summit to be constructive, but I’m very concerned that after his recent performance at the G7 in Canada, President Trump will once again clash with our closest allies at the upcoming NATO summit, only to then engage in fawning photo ops with President Putin afterwards,” Democratic Senator Chris Coons said in a statement."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks
EUR/USD regains traction, recovers above 1.0700
EUR/USD regained its traction and turned positive on the day above 1.0700 in the American session. The US Dollar struggles to preserve its strength after the data from the US showed that the economy grew at a softer pace than expected in Q1.
GBP/USD returns to 1.2500 area in volatile session
GBP/USD reversed its direction and recovered to 1.2500 after falling to the 1.2450 area earlier in the day. Although markets remain risk-averse, the US Dollar struggles to find demand following the disappointing GDP data.
Gold holds around $2,330 after dismal US data
Gold fell below $2,320 in the early American session as US yields shot higher after the data showed a significant increase in the US GDP price deflator in Q1. With safe-haven flows dominating the markets, however, XAU/USD reversed its direction and rose above $2,340.
XRP extends its decline, crypto experts comment on Ripple stablecoin and benefits for XRP Ledger
Ripple extends decline to $0.52 on Thursday, wipes out weekly gains. Crypto expert asks Ripple CTO how the stablecoin will benefit the XRP Ledger and native token XRP.
After the US close, it’s the Tokyo CPI
After the US close, it’s the Tokyo CPI, a reliable indicator of the national number and then the BoJ policy announcement. Tokyo CPI ex food and energy in Japan was a rise to 2.90% in March from 2.50%.