Live: Zelensky lands in US for Ukraine peace talks as Trump rules out 'getting back' Crimea
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Euronews
36 minutes ago
- Euronews
Global markets mixed ahead of Trump-Zelenskyy meeting
World shares are mixed ahead of US President Donald Trump's meeting with Ukrainian President Volodymyr Zelenskyy and other European leaders later on Monday afternoon. Markets showed scant reaction to Trump's inconclusive summit meeting with Russian President Vladimir Putin on Friday. Investors are also watching for cues from an annual meeting in Jackson Hole, Wyoming, of top central bankers later this week. Global markets on Monday morning In early European trading, Germany's DAX lost 0.2% to 24,303.26, while the CAC 40 in Paris dropped 0.5% to 7,881.74. Britain's FTSE 100 was little changed at 9,137.31. The futures for the S&P 500 and the Dow Jones Industrial Average edged 0.1% lower. On Friday, the S&P 500 fell 0.3%. The Dow industrials edged 0.1% higher, while the Nasdaq composite sank 0.4%. During Asia's day, Japan's Nikkei 225 gained 0.8% to 43.714.31. The Hang Seng in Hong Kong gave up early gains, losing 0.4% to close at 25,176.85. The Shanghai Composite index jumped 1% to 3,732.44. It's trading near it's highest level in a decade. Australia's S&P/ASX 200 picked up 0.2% to 8,959.30. The Kospi in South Korea declined 1.5% to 3,177.28 on heavy selling of semiconductor makers like Samsung Electronics, whose shares fell 2.2%. SK Hynix lost 3.3% as investors fretted over the possibility of more US tariffs on computer chips. In other dealings early Monday, US benchmark crude oil rose 7 cents to $62.87 per barrel, while Brent crude, the international standard, climbed 3 cents to $65.88 per barrel. The US dollar rose to 147.37 Japanese yen from 147.18 yen. The euro slipped to $1.1682 from $1.1703. Trump meets Zelenskyy Trump's meeting with Zelenskyy will include other European leaders who were not included in the president's talks in Anchorage, Alaska, with Putin. The European allies are seeking to present a united front in safeguarding Ukraine and the continent from any widening aggression from Moscow. An annual meeting in Jackson Hole, Wyoming, of top central bankers later this week will be watched closely for hints about possible interest rate cuts from Federal Reserve chair Jerome Powell. He is due to speak Friday at the economic policy conference. 'While the official theme is labour markets, investors will scrutinise any hint of September policy direction, especially after last week's mixed inflation data,' Ipek Ozkardeskaya of Swissquote said in a commentary, adding that 'any progress on Ukraine peace talks could push global equities higher still.' Expectations have been building that the Fed will cut interest rates at its next meeting in September, though mixed reports on the US economy have undercut those bets somewhat. One report Friday said shoppers boosted their spending at US retailers last month, while another said manufacturing in New York state unexpectedly grew. A third said industrial production across the country shrank last month, when economists were looking for modest growth. Yet another report suggested sentiment among US consumers is worsening due to worries about inflation, when economists expected to see a slight improvement.
Euronews
2 hours ago
- Euronews
Trump says 'big day' ahead as Zelenskyy arrives for Washington meeting
US President Donald Trump hailed what he said was a "big day" Monday as his Ukrainian counterpart Volodymyr Zelenskyy and his European allies all arrived in the US capital for a major meeting on ending Russia's war in Ukraine. The Washington talks follow a summit Trump held with Russian President Vladimir Putin in Alaska last Friday. After the meeting between the two heads of state, Trump revealed that negotiations over a possible ceasefire have been pushed aside with a view to finding a quick peace deal, as Moscow's all-out war continues well into its fourth year. However, this has led to concerns over possible concessions made to the Russian side, which is believed to have reiterated its maximalist demands, including asking for full control over four Ukrainian regions -- Donetsk, Luhansk, Zaporizhzhia and Kherson -- and retaining the illegally annexed Crimea, mobilising Kyiv's European supporters gathered around the "Coalition of the Willing". The list of those expected to be in the room on Monday includes German Chancellor Friedrich Merz, UK Prime Minister Keir Starmer, French President Emmanuel Macron, Italian Premier Giorgia Meloni and Finnish President Alexander Stubb. European Commission President Ursula von der Leyen and NATO Secretary-General Mark Rutte will also be in attendance. Follow our live blog below as Euronews' journalists from around Europe bring you the latest updates on the talks in the US capital:
Euronews
2 hours ago
- Euronews
Hamas accepts latest Gaza ceasefire proposal, reports claim
Hamas on Monday told mediators that it approves of the latest Gaza ceasefire proposal, according to international and Israeli outlets, citing Hamas officials. The officials did not provide further details at this time. Israeli media report that the latest proposal was presented to the militant group the day before and was a revised version of Hamas' latest response, which involved a framework agreement for a 60-day ceasefire and a two-step release of Hamas-held hostages. Egyptian and Qatari mediators were holding talks with Hamas in their latest effort to broker a ceasefire with Israel in the Gaza Strip. US President Donald Trump appeared to cast doubt on these talks, posting on social media: 'We will only see the return of the remaining hostages when Hamas is confronted and destroyed!!! The sooner this takes place, the better the chances of success will be.' Israel announced plans to take complete control of Gaza City after ceasefire talks appeared to break down. The move raised further international concerns amid fears of a worsening humanitarian catastrophe in Gaza, which experts say is sliding into famine. This is a developing story and our journalists are working on further updates.
