“Russian delegation to Ukraine peace talks has expressed readiness to work much faster than now,” the Kremlin said in a statement on Friday.

The Kremlin added: “Ukraine delegation has not shown similar readiness to speed talks up but those negotiations continue.”

Read: Zelenskyy Aide Zhovkva: Ukraine-Russia talks are progressing only slowly

Market reaction

Risk remains in a heavy space amid dwindling peace talks between both the warring nations. The S&P 500 futures have accelerated declines, now down 0.66% on the day while the US dollar index is adding 0.21% so far.