• Does not reject possibility of Putin-Zelensky meeting
  • But only possible once there has been an agreement
  • Russia not in a rush to switch all payments in rubles for exports

Well, negotiations continue to drag on and it remains to be seen if an agreement can be struck between the two sides. For now, markets have become more apathetic to the risks from here but any major developments can certainly still stir up risk sentiment one way or another.