|

Trump and Putin joint press conference ends with no deal

United States (US) President Donald Trump and Russian President Vladimir Putin concluded an initial face-to-face meeting in Alaska late Friday, with both parties delivering mutually inconclusive statements. Trump and Putin both delivered vague promises of "progress" on multiple fronts, but initial details remain light. Now, President Trump will be pivoting to hand-delivering Russia's peace proposals on Ukraine to both the Ukrainian and European Union government bodies.

Key Putin highlights

Meeting has been long overdue.
Ukraine situation was one of key issues.
Ukraine war is a tragedy, great pain for us
Agree with trump, Ukraine security must be guaranteed.
Hope Kyiv and Europe will view agreements positively.
Today's agreements should be the starting point.
Trump would have prevented war in Ukraine.
US bilateral trade starts growing with Trump.

Key Trump highlights

Many points we agreed on.
Agreed on major ones, have made progress.
No deal until there is a deal.
Deal only when there is a deal.
Will contact Zelenskiy and NATO.
It's up to them to agree.
Always had fantastic relationship with Putin.
I will begin making a few phone calls.
Just a few points left to agree on.
Some things remaining to resolve.
Putin wants to see end to killing like I do.
Will probably see Putin again soon.
Will visit Moscow next time.

Author

Joshua Gibson

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

More from Joshua Gibson
Share:

Editor's Picks

British Pound surges against US Dollar ahead of US NFP data

The British Pound trades 0.5% higher to near 1.3340 against the US Dollar during the European trading session on Thursday. The GBP/USD pair reflects strength as the US Dollar underperforms its peers ahead of the United States Nonfarm Payrolls data for June, which will be published at 12:30 GMT.

EUR/USD pops to multi-day highs above 1.1450 post-NFP

EUR/USD gains traction and surpasses the 1.1450 mark, reaching a fresh multi-day peak on Thursday, amid a marked correction in the US Dollar. Meanwhile, the pair leaves behind two consecutive daily pullbacks as investors continue to gauge the latest US NFP data.

Gold climbs  above $4,100 following US Payrolls

Gold maintains its bullish momentum on Thursday, surpassing the $4,100 per troy ounce mark. The precious metal’s marked rebound comes on the back of the US Dollar’s retracement and higher US Treasury yields following the release of a softer-than-expected NFP report.

Crypto Today: Bitcoin, Ethereum, XRP steady rebound as US and Iran conclude positive talks in Doha

The cryptocurrency market broadly rises on Thursday, reflecting improvement in risk sentiment following an extended period of selling pressure. Bitcoin is back above $60,000 after testing support at $58,000 earlier in the week.

The market may no longer be giving the Magnificent Seven a free pass
For much of the past three years, investing has felt surprisingly simple. Whenever markets stumbled, investors knew where to look. Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta and Tesla repeatedly led Wall Street higher, shrugging off inflation fears, higher interest rates and geopolitical shocks.
Kevin Warsh offers no policy clues: Why markets still got their answer

Financial markets came to Sintra looking for clues about the Federal Reserve's (Fed) next move. They largely left with confirmation that Fed Chair Kevin Warsh intends to make those clues much harder to find.