Zelenskyy Proposes Trilateral Peace Summit with U.S. and Russia in Abu Dhabi

Ukrainian President Volodymyr Zelenskyy has announced preparations for a high-level trilateral meeting involving Ukraine, the United States, and Russia. The proposed summit is expected to take place in Abu Dhabi, United Arab Emirates, in early March. This initiative follows a recent round of peace negotiations concluded in Geneva, Switzerland, as part of efforts to find a diplomatic resolution to the ongoing conflict. The move aims to build on the momentum of previous discussions and establish a formal framework for trilateral engagement. Markets are closely monitoring the situation, as a potential de-escalation could significantly reduce the geopolitical risk premium currently priced into energy and gold markets. While the news boosts risk-on sentiment in currency and equity markets, the actual outcome remains uncertain given the complexity of the geopolitical landscape.