The president of Ukraine, Zelenskyy: Talking about Ukraine without Ukraine will not bring results

Ukrainian President Volodymyr Zelensky said Tuesday night that he would support a proposal to stop attacks on energy infrastructure. However, conversations about Ukraine without Ukraine will not give results.

The president of the USA Donald Trump and Russian President Vladimir Putin agreed on Tuesday a high partial fire in attacks against energy and infrastructure during his so -called marathon.

Key quotes

Zelensky hopes to talk to Trump to receive more details from Putin’s call.

Ukraine would support a proposal to stop attacks on energy infrastructure.

Kyiv’s partners would not agree to stop military aid, they hope it will continue.

Conversations about Ukraine without Ukraine will not give results.

He said he spoke with Scholz and Macron after the so-called Trump-Poutin.

Russia is preparing for new offensives in the coming months.

The high unconditional or partially unconditional fire would be a positive result, there are steps towards peace.

Market reaction

At the time of writing, the price of gold (Xau/USD) is quoting 0.04% down in the day, to trade to $ 3.033.

FAQS risk feeling


In the world of financial jargon, the two terms “appetite for risk (Risk-on)” and “risk aversion (risk-off)” refers to the level of risk that investors are willing to support during the reference period. In a “Risk-on” market, investors are optimistic about the future and are more willing to buy risk assets. In a “Risk-Off” market, investors begin to “go to the safe” because they are concerned about the future and, therefore, buy less risky assets that are more certain of providing profitability, even if it is relatively modest.


Normally, during periods of “appetite for risk”, stock markets rise, and most raw materials – except gold – are also revalued, since they benefit from positive growth prospects. The currencies of countries that are large exporters of raw materials are strengthened due to the increase in demand, and cryptocurrencies rise. In a market of “risk aversion”, the bonds go up -especially the main bonds of the state -, the gold shines and the refuge currencies such as the Japanese yen, the Swiss Franco and the US dollar benefit.


The Australian dollar (Aud), the Canadian dollar (CAD), the New Zealand dollar (NZD) and the minor currencies, such as the ruble (Rub) and the South African Rand (Tsar), tend to rise in the markets in which there is “appetite for risk.” This is because the economies of these currencies depend largely on exports of raw materials for their growth, and these tend to rise in price during periods of “appetite for risk.” This is because investors foresee a greater demand for raw materials in the future due to the increase in economic activity.


The main currencies that tend to rise during the periods of “risk aversion” are the US dollar (USD), the Japanese yen (JPY) and the Swiss Franco (CHF). The dollar, because it is the world reserve currency and because in times of crisis investors buy American public debt, which is considered safe because it is unlikely that the world’s largest economy between in suspension of payments. The Yen, for the increase in the demand for Japanese state bonds, since a great proportion is in the hands of national investors who probably do not get rid of them, not even in a crisis. The Swiss Franco, because the strict Swiss bank legislation offers investors greater protection of capital.

Source: Fx Street

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