A post by @FirstSquawk on X.

Russian negotiator Vladimir Medinsky said Moscow appears closer to peace in Ukraine, according to Interfax. The remark from Russia's top negotiator in the talks is the latest signal of potential de-escalation in the conflict. Markets have been sensitive to ceasefire headlines, with risk assets including equities and cryptocurrencies reacting to diplomatic cues. Traders will watch for follow-through from Ukrainian and Western officials, and for any concrete steps such as a ceasefire or leadership meeting, to confirm the shift.