On October 20, U.S. presidential envoy Whitman met with Ukrainian President Zelenskyy in Oslo, Norway. Leaders from several European countries, including Norway and Finland, and Trump’s son-in-law Jared Kushner took part in the discussions. Norwegian Prime Minister Støre confirmed that the parties aimed to draw up a peace plan, and that envoy Whitman would travel to St. Petersburg, Russia, on October 21 to convey its key points to President Putin.
From a technical and macro-strategic perspective, substantive engagement on a peace framework is rapidly squeezing geopolitical premiums out of the market. A potential easing of tensions between Russia and Ukraine would not only ease supply-chain pressures, but also provide important liquidity support for rebuilding valuation floors for global risk assets.
In commodities, crude oil prices showed signs of retreat in response, while the safe-haven U.S. dollar index fell from its highs. Capital markets’ expectations for easing inflation improved significantly, and major global equity indexes and bond yield curves alike showed a positive recovery in risk appetite.
For the crypto market, easing geopolitical tensions will directly boost risk appetite among market participants. After $BTC confirms a bottoming structure at a key support level, it could ride improving macro liquidity into a fresh bullish breakout, while liquidity in the altcoin market may also find an opportunity to recover.🚀
#Geopolitics #Ukraine #Crypto
From a technical and macro-strategic perspective, substantive engagement on a peace framework is rapidly squeezing geopolitical premiums out of the market. A potential easing of tensions between Russia and Ukraine would not only ease supply-chain pressures, but also provide important liquidity support for rebuilding valuation floors for global risk assets.
In commodities, crude oil prices showed signs of retreat in response, while the safe-haven U.S. dollar index fell from its highs. Capital markets’ expectations for easing inflation improved significantly, and major global equity indexes and bond yield curves alike showed a positive recovery in risk appetite.
For the crypto market, easing geopolitical tensions will directly boost risk appetite among market participants. After $BTC confirms a bottoming structure at a key support level, it could ride improving macro liquidity into a fresh bullish breakout, while liquidity in the altcoin market may also find an opportunity to recover.🚀
#Geopolitics #Ukraine #Crypto