President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow. Putin said he has "practically agreed" to the proposals to end the war outlined in summit talks with U.S. President Donald Trump in Alaska in August. "To say that we reject something is simply incorrect and has no basis in fact," he said Friday at his annual televised press conference in Moscow. "This issue is entirely on the side of our Western opponents, so to speak, primarily the leaders" of Ukraine and...
Investors will be keeping a close eye on tariff headlines out of Washington next week, as a temporary suspension of punitive import levies is set to expire. If that Wednesday deadline passes without an increase in trade tensions, it could prove positive for the markets. Negotiators from more than a dozen major U.S. trading partners are rushing to reach agreements with U.S. President Donald Trump's administration by July 9 to avoid even higher tariffs, and Trump and his team have kept up the pressure in recent days. On Wednesday, Trump announced a deal with Vietnam that he says will impose...
US President Donald Trump began a call with Russian leader Vladimir Putin on Thursday, the latest step in his efforts to broker an end to the war in Ukraine. The call was underway, according to Russia's state-run Tass news service, which said the Kremlin would brief reporters after it was completed. Trump had announced the call earlier on social media, writing: "Will speak with President Putin of Russia at 10:00 a.m. Thank you!" The president is also likely to call his Ukrainian counterpart Volodymyr Zelenskiy on Friday, according to a person familiar with the matter. The call follows the...
The ISM Services PMI rose to 50.8 in June 2025 from 49.9 in May, slightly above forecasts of 50.5. The reading showed economic activity in the services sector increased in June after just one month of contraction, although slow growth and economic uncertainty were frequently referenced by firms. A rebound was seen in business activity/production (54.2 vs 50), new orders (51.3 vs 46.4), inventories (52.7 vs 49.7) and new export orders (51.1 vs 48.5). Meanwhile, price pressure eased a bit (67.5 vs 68.7) although price increases impacting costs of operations were mentioned more frequently this...
Initial jobless claims in the US eased by 4,000 from the previous week to 233,000 on the period ending June 28th, less than market expectations of 240,000. While the figure reflected the softest increase in unemployment in six weeks, it remained firmly above averages from earlier in the year to reflect the gradual softening of the US labor market, albeit still robust in a historical standard. In turn, outstanding unemployment claims were unchanged at 1,964,000, the highest since late 2021, and above expectations of 1,960,000 to maintain the view that the unemployed are undergoing more...
Euro zone policymakers cut rates last month to prevent an unwarrented tightening of monetary conditions and in the face of elevated uncertainty around trade, the accounts of their June 3-5 meeting showed on Thursday. The ECB cut interest rates for the eighth time in a year last month but signalled a pause in any further easing as inflation is already back at target and erratic U.S. trade policy creates too much uncertainty. "Members underlined that the outlook for the global economy remained highly uncertain," ," the ECB said. "Elevated trade uncertainty was likely to prevail for some time...
Asian stock markets fell in unison on Thursday, following Wall Street's decline. A brief rally in tech stocks led by Nvidia quickly faded, prompting investors to turn away from riskier assets like...
Pasangan mata uang EUR/USD mengawali pekan ini dengan nada sedikit melemah di sesi Asia, diperdagangkan di sekitar 1,1730, turun kurang dari 0,10% dalam sehari. Meski terkoreksi, euro masih berada...
President Vladimir Putin said he is willing to discuss ending Russia's war in Ukraine, despite rejecting changes sought by Kyiv and Europe to the U.S. peace plan drafted with Moscow.
Putin said he...