Highlights
On a relatively quiet day for economic reports, attention will focus on the 1 pm ET meeting between President Trump and Ukrainian leader Volodymyr Zelenskiy in Washington, D.C., with the leaders of France, Germany, Italy, the UK and the European Commission expected to join after an initial bilateral meeting.
The European leaders are joining amid concerns that President Trump appeared to endorse Russian President Putin's position that Russia and Ukraine should move directly to negotiate an end to the current fighting without a ceasefire, and that Ukraine should be obliged to give up a significant share of its territory seized by Russia, including Crimea. That approach is likely to be a non-starter for Ukraine and for the European leaders accompanying Zelenskiy. Presumably the presence of the European leaders will make it more difficult for Trump to isolate and fault the Ukrainian leader as he did in their February meeting at the White House.
Trump appeared to put the burden of accepting peace terms on Zelenskiy in a series of posts on social media on Sunday, saying the Ukrainian leader could"end the war almost immediately, if he wants to." In another post, Trump told Ukraine to give up on joining NATO.
Definition
Market Focus details key factors in the coming day that will impact the economic outlook and the financial markets. These include central bank events, economic indicators, policymaker speeches as well as expected political and corporate developments.
Description
Keeping up-to-date with event schedules and the economic calendar is key to understanding the global financial system. Econoday's Market Focus allows investors and policymakers to carefully track what will be making news and moving the financial markets in the coming day.