An adviser for Ukrainian President Volodymyr Zelenskyy said on Thursday that Russia has destroyed practically all of Ukraine's defence industry, as reported by Reuters.

"A peace agreement always involves compromises on both sides," the adviser added.

Market reaction

The market mood remains mixed following these remarks. The Euro Stoxx 600 Index was last seen posting small daily gains. Meanwhile, the S&P Futures trade flat on the day and the Nasdaq Futures rise by 0.4%. 

The US Dollar Index, which tracks the dollar's performance against a basket of six major currencies, stays in positive territory above 98.00 ahead of US data releases.