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Russia’s Lavrov: Peace talks with Ukraine aren't easy but there is certain hope for compromise

Russian Foreign Minister Sergey Lavrov said on Wednesday, “peace talks with Ukraine aren't easy but there is a certain hope for compromise.”

“Some formulations of agreements with Ukraine are close to being agreed,” Lavrov added.

This comes after Sputnik reported a Russian diplomat saying that they are ready for any format of dialogue on the Ukraine crisis if Ukraine is seeking diplomatic solutions.

Market reaction

The market mood remains lifted on the above comment amid optimism for diplomacy. The S&P 500 futures added 0.90% on the day, recapturing the 4,300 level.

Gold price is closing in on the previous lows of $1,907, with all eyes now on the US Retail Sales and the Fed decision.

Author

Dhwani Mehta

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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