Global Markets React to Ukraine Peace Talks and Rising U.S. Inflation

Optimism over potential Ukraine-Russia peace talks drives stock gains, while inflation concerns weigh on U.S. markets and Federal Reserve policy expectations.

Asian and European markets saw gains as U.S. President Donald Trump and Russian President Vladimir Putin discussed peace negotiations to end the war in Ukraine.
Oil prices dropped over 2% as hopes for a peace agreement raised expectations of eased energy supply disruptions.
U.S. inflation data for January revealed a higher-than-expected 3% annual increase, intensifying concerns about the Federal Reserve delaying further rate cuts in 2025.
Treasury yields surged, with the 10-year yield reaching 4.62%, as investors adjusted to the likelihood of prolonged high interest rates in the U.S.
The U.S. dollar strengthened against the yen, while the euro gained amid optimism surrounding the potential resolution of the Ukraine conflict.

Benzinga

The Sydney Morning Herald