- Ukraine President Zelenskyy’s Adviser Arestovych: Peace with Russia could be reached by May – Sputnik
Market news
14 March 2022
Ukraine President Zelenskyy’s Adviser Arestovych: Peace with Russia could be reached by May – Sputnik
Early Tuesday morning in Asia, Sputnik quotes an Adviser to Ukraine President Volodymyr Zelenskyy’s office, Oleksiy Arestovych.
The diplomat is reported to believe that a peace agreement with Russia in the ongoing special military operation can be reached within one to two weeks at the earliest, and at the latest in May.
Market reaction
The news adds strength to the market’s consolidation of Monday’s losses, helping AUD/USD to print 0.20% intraday gains while piercing 0.7200 at the latest.
Read: AUD/USD falls below 0.72 the figure as Ukraine crisis risk-off themes weigh
It’s worth noting, however, that the risk-off mood isn’t eloped as chatters over Russia’s default loom large.
Read: US Treasury Official: Bond default would add to Russia's economic pain
Market Focus
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