With newsflow out of Ukraine nothing less than a firehose (of often fake news), with market moving headlines firing every minute, traders can be forgiven if they have just given up following the narrative. To help out, here is a snapshot of all the latest market-moving news out of Ukraine from the last few hours courtesy of Newsquawk:
Discussions/Negotiations
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Ukrainian President Zelensky said he is ready to negotiate with Russian President Putin and warned that if peace talks with Russian President Putin fail, it would mean the start of a third global war, according to an interview with CNN. However, a Turkish official said that Russian President Putin is not ready for talks with Ukrainian President Zelensky.
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Turkish Foreign Minister said Russia and Ukraine “have almost reached agreement” on four critical points of a potential peace agreement, as fierce fighting continued to devastate the key port city of Mariupol, according to FT.
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Russia's Kremlin says the progress of peace talks with Ukraine is not as big as it should be; there is no basis for possible Putin-Zelensky meeting, significant progress needs to be made first, there will be no ceasefire during the talks.
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Russian Defence Ministry called on ‘nationalists’ in Ukraine’s Mariupol to lay down arms and offered humanitarian corridors to both the east and west for this Monday, while it stated that Ukraine has until the early hours on Monday to give its answer on surrendering Mariupol.
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Ukrainian Deputy PM Vereschuk said there is no question of surrendering Mariupol.
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Ukraine says eight humanitarian corridors have been agreed...