Donald Trump said the meeting between Vladimir Putin and US envoy Jack Witkoff in Moscow was “reasonably good,” while noting that substantial work remains before a breakthrough can be reached in efforts to end the nearly four-year conflict in Ukraine.
In Germany, Chancellor Friedrich Merz’s coalition with the Social Democrats is facing early turbulence after 18 CDU lawmakers signaled they may vote against a key pension reform bill scheduled for tomorrow. With the government holding just a 12-seat majority, the rebellion threatens to destabilize the coalition only seven months into its term.
Meanwhile, French President Emmanuel Macron met China’s Xi Jinping in Beijing as he continues to push for increased Chinese investment in France, seeking to bolster industrial projects and diversify capital flows amid Europe’s sluggish growth outlook.
Global equities extended their upward momentum ahead of key US economic releases. European stocks rose about 0.25%, while Asia delivered a strong session: Japan climbed 2% and China advanced just under 1%. US equity futures hovered around unchanged levels as investors await data on inflation and labor conditions later in the day. Gold traded flat at $4,227, and major currency pairs held steady in quiet early trading
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