Top Russian negotiator Vladimir Medinsky said that he hoped there would be a statement in several hours following talks between Russia and Ukraine in Istanbul, Reuters reports on Tuesday.

“Russia protested to the Ukrainian delegation over abuse of the Russian prisoners,” Medinsky said.

Market reaction

Risk sentiment remains lifted on hopes for a ceasefire, as the Russia-Ukraine peace talks get underway.

The shared currency is breathing a sigh of relief, as EUR/USD advances towards 1.1050. The S&P 500 futures, a risk gauge, is rising 0.82% on the day, at the press time.