Trump sees 'robust inclination' to end Russia-Ukraine war before U.S.-brokered peace discussions

In today's geopolitical risk news, As Kyiv and Moscow prepare for U.S.-brokered peace negotiations in Abu Dhabi later Tuesday, President Donald Trump noted Washington sees growing willingness to end Russia's war in Ukraine. Elsewhere, Ukrainian President Volodymyr Zelenskyy stated latest battlefield advances were strengthening Kyiv's negotiating position before the discussions.

Key points

• Speaking to reporters at the White House on Monday, Trump stated both sides were battle-weary.
• Secretary of State Marco Rubio noted Sunday that discussions had advanced on a possible postwar security framework for Ukraine and Europe.
• Zelenskyy stated Monday that latest Ukrainian battlefield advances and mounting Russian losses had improved Kyiv's bargaining power.
• The renewed diplomacy comes alongside continued fighting and mounting questions over the scale of Russia's wartime losses.

Geopolitical risk: the details

Speaking to reporters at the White House on Monday, Trump stated both sides were battle-weary, more than four and a half years following Russia launched its full-scale invasion in February 2022. According to Reuters, his comments followed an US official's assessment that Moscow and Kyiv were privately showing some flexibility over a possible exchange of territory. Elsewhere, Zelenskyy stated Monday that latest Ukrainian battlefield advances and mounting Russian losses had improved Kyiv's bargaining power.

The remarks come as US, Russian and Ukrainian officials prepare for two days of negotiations in Abu Dhabi — their first trilateral negotiations since February. Secretary of State Marco Rubio noted Sunday that discussions had advanced on a possible postwar security framework for Ukraine and Europe.

The renewed diplomacy comes alongside continued fighting and mounting questions over the scale of Russia's wartime losses.

Why traders are watching geopolitical risk

Geopolitical shocks usually push investors toward safe havens such as gold, the US dollar, the Swiss franc and the Japanese yen, while risk assets and commodity-sensitive currencies can come under pressure.

Events that threaten supply routes or energy production can also lift oil prices, adding to inflation risks for central banks.

Market reaction and data

Crypto prices at the time of writing, from Binance spot data (2026-11-10 04:49 UTC):

On the currency side, the latest ECB daily reference rates (2026-11-09) show EUR/USD 1.1193. These are reference fixes, not live quotes.

What to watch next for geopolitical risk

Markets will watch for official responses, any escalation or de-escalation, and moves in oil, gold and safe-haven currencies.

Key scheduled releases on the economic calendar:

• USD Core CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.2%, previous 0.3%
• USD CPI m/m on Tue Nov 10, 13:30 UTC, forecast 0.3%, previous 0.6%
• GBP GDP m/m on Thu Nov 12, 07:00 UTC, forecast 0.0%, previous 0.1%
• USD Core PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.3%, previous 0.7%
• USD PPI m/m on Fri Nov 13, 13:30 UTC, forecast 0.4%, previous 1.3%

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FAQ

What is the latest geopolitical risk news?

As Kyiv and Moscow prepare for U.S.-brokered peace negotiations in Abu Dhabi later Tuesday, President Donald Trump noted Washington sees growing willingness to end Russia's war in Ukraine.

How do geopolitical events affect markets?

Uncertainty tends to lift safe-haven assets like gold, the dollar and the yen, and can weigh on stocks and on currencies linked to risk appetite.

Where does this information come from?

This report is based on coverage from CNBC World, checked against market data where available. It is a summary for information only and not investment advice.