The euro is stronger against the pound this morning due to news that talks between Russia and Ukraine are making progress.
Ukrainian President Volodymyr Zelensky said that the talks have become “more realistic”, and negotiations are set to continue today. However, he also said, “It will take time to reconcile decisions with the interests of Ukraine. This is difficult but important.”
Despite this and the hope that the conflict will soon come to an end, Russia continues to target Ukrainian cities, including Kyiv.
It’s a light day for economic data releases. However, two European Bank officials will speak this morning.
