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Ukraine nears peace deal with Russia – Bloomberg

According to a report from Bloomberg, a senior adviser to Ukrainian President Volodymyr Zelenskyy said during European trading hours on Friday that Kyiv is close to reaching a peace deal with Russia.

Separately, Russia has also stated that there can be peace with Kyiv today if Ukrainian President Zelenskyy makes the decision. A top official from the Kremlin has stated that Russia wants peace and not a ceasefire.

Market reaction

No immediate reaction by major global assets after the news release.

 

 

India: Gradual energy pass-through keeps RBI patient – DBS

DBS Group Research projects India’s March Consumer Price Index (CPI) inflation to edge up to 3.45% year-on-year from 3.2%, reflecting higher cooking gas, energy and input costs, while retail fuel and food stay benign. Precious metals’ correction tempers price pressures.
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When is the Canadian employment data and how it could it affect USD/CAD?

The Canadian labor market data for March is scheduled to be published today at 12:30 GMT.
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