Ukraine's Zelenskyy: We are prepared for certain compromises, Russia also needs to compromise

Joel Frank Independent Analyst

Ukrainian President Volodymyr Velenskyy said on Wednesday in an interview with German newspaper Bild that Ukraine is prepared to make certain compromises, but that Russia also needs to make some compromises too. Zelenskyy added that the aim of talks is to end the war.

Market Reaction

More constructive/conciliatory rhetoric from Ukraine and Russia on Wednesday/since the start of the week like this helped light a fire under risk appetite on Wednesday. The latest headlines will only likely help stocks rally further, oil and gas fall further and safe-haven currencies experience further underperformance.

Author

Joel Frank

Independent Analyst

Joel Frank is an economics graduate from the University of Birmingham and has worked as a full-time financial market analyst since 2018, specialising in the coverage of how developments in the global economy impact financial asset

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