European and US stock market indices jumped in the early afternoon, following the release of Financial Times report. FT claims that Ukraine and Russia are already in the process of drawing up a neutrality plan for Ukraine that will end the war. Details are scarce so far but Financial Times claims that progress was made on the 15-point peace plan. The plan includes a ceasefire and withdrawal of Russian troops under the condition that Ukraine decides on neutrality and accepts limits on armed forces. Kyiv would also have to renounce its ambitions of joining NATO.
While this is certainly a positive, it should be noted that plan is still being prepared and negotiations are ongoing. Nevertheless, report triggered a clear "risk-on" moves on the markets. S&P 500 jumped 0.7% on the news while DE30 rallied almost 2%!
Start investing today or test a free demo
Create account Try a demo Download mobile app Download mobile app
DE30 jumped almost 2% following Financial Times report on peace talks between Russia and Ukraine. The index cleared 14,420 pts swing area and trades at levels not seen since February 25, 2022. Source: xStation5
The content of this report has been created by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, (KRS number 0000217580) and supervised by Polish Supervision Authority ( No. DDM-M-4021-57-1/2005). This material is a marketing communication within the meaning of Art. 24 (3) of Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (MiFID II). Marketing communication is not an investment recommendation or information recommending or suggesting an investment strategy within the meaning of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC and Commission Delegated Regulation (EU) 2016/958 of 9 March 2016 supplementing Regulation (EU) No 596/2014 of the European Parliament and of the Council with regard to regulatory technical standards for the technical arrangements for objective presentation of investment recommendations or other information recommending or suggesting an investment strategy and for disclosure of particular interests or indications of conflicts of interest or any other advice, including in the area of investment advisory, within the meaning of the Trading in Financial Instruments Act of 29 July 2005 (i.e. Journal of Laws 2019, item 875, as amended). The marketing communication is prepared with the highest diligence, objectivity, presents the facts known to the author on the date of preparation and is devoid of any evaluation elements. The marketing communication is prepared without considering the client’s needs, his individual financial situation and does not present any investment strategy in any way. The marketing communication does not constitute an offer of sale, offering, subscription, invitation to purchase, advertisement or promotion of any financial instruments. XTB S.A. is not liable for any client’s actions or omissions, in particular for the acquisition or disposal of financial instruments, undertaken on the basis of the information contained in this marketing communication. In the event that the marketing communication contains any information about any results regarding the financial instruments indicated therein, these do not constitute any guarantee or forecast regarding the future results.
