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ZEC is currently testing the $1,200 level.
The participation of Jean Lange, serving as the U.S. Treasury's sanctions expert, in the American delegation to Moscow suggests that U.S. sanctions against Russia were addressed during the visit, according to AXIOS.
OPEC+ is scheduled to discuss the current oil market situation today. Previously, Novak stated that OPEC+ does not intend to implement new production cuts, citing recovering global demand and a market deficit. During Sunday’s meeting, ministers are expected to review the market conditions and compliance with existing agreements. According to RTRS, OPEC+ will not make any decisions regarding oil production policy, concentrating instead on market discussions.
Iran's Ghalibaf has issued a stern warning, emphasizing that the United States must recognize that the rules of engagement have changed before it is too late. He stated that any future attacks on Iran’s security or interests will elicit a faster, more decisive, and harsher response.
Key events this week commence with a trading pause in the U.S., Canada, and Brazil on September 7 in observance of Labor Day and Independence Day. Germany is scheduled to release its industrial production data for July. On September 8, Japan will report its Q2 GDP figures, accompanied by significant addresses from officials of the Bank of England and the European Central Bank. September 9 will feature the release of China’s August Consumer Price Index and oil market forecasts from the U.S. Department of Energy. The BRICS Summit will begin on September 12 in India and continue through September 13, coinciding with the EU Arctic Summit in Finland.
The first round of talks between Whitkoff, Kushner, and President Zelensky has concluded. The second round has commenced, featuring representatives from the United Kingdom and Europe. According to Ukrainian media, President Zelensky presented Whitkoff and Kushner with T-shirts bearing the inscription "Kyiv Regime."
Reports from Ukrainian media indicate that Witkoff and Kushner have communicated to President Zelensky their intention to achieve a breakthrough in negotiations prior to winter, according to Axios. The discussions included a mutual recognition that the conflict is unlikely to be resolved before the arrival of winter.
Ukraine's President Volodymyr Zelensky received a message from Witkoff and Kushner expressing a desire to achieve a breakthrough in negotiations before the onset of winter, according to Axios. Ukrainian media reported a mutual acknowledgment during the discussions that the conflict is unlikely to conclude before the winter season. Additionally, reports suggest that former President Donald Trump is pursuing a long-term resolution.
Witkoff and Kushner intend to collaborate with representatives from Russia and Ukraine to develop an updated version of the conflict resolution proposal, according to Axios.
In the Saxony-Anhalt elections, the far-right Alternative for Germany (AfD) has secured 44.5% of the vote, according to early exit poll data reported by DW. The Christian Democratic Union (CDU), a historically dominant political force in the region, received 18.5% of the votes. The AfD achieved a decisive victory, with the CDU placing second. Merz maintains a steady second position.
Former U.S. President Donald Trump has commissioned his team to develop a new peace package. Jared Kushner disclosed this development amid ongoing geopolitical tensions.
🔔 Jared Kushner announced that former President Donald Trump has commissioned the development of a new peace package.
Ukrainian President Volodymyr Zelensky has underscored the importance of the Donbas region, describing it as a "key topic" amid ongoing geopolitical tensions.
🇷🇺 Initially, it was evident that these negotiations were unlikely to result in a significant breakthrough. Consequently, barring any major unexpected geopolitical developments, experts anticipate that, following several days of processing recent negotiation updates, the IMOEX may resume its upward trend, although this remains uncertain.
Experts anticipate that negotiations will continue for at least another year, with a strong probability that this plan, similar to prior proposals, will ultimately be set aside. A genuine breakthrough would be considered highly exceptional.
A meeting between representatives of the United States, Ukraine, and Russia may be convened in the near future, according to Witkoff.
During his visit to Moscow, Whitcoff announced that new ideas for resolving the Ukrainian situation were discussed. According to RIA, he emphasized the emergence of a convergence of positions regarding the settlement. TASS reported significant progress achieved in the Moscow talks. The United States proposed that Russia and Ukraine resume trilateral negotiations.
Representatives from Russia, the United States, and Ukraine are expected to announce an upcoming meeting to discuss resolution efforts, according to a statement by UITKOV reported by TASS.
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🇺🇦 Kushner has announced plans to resume trilateral talks on Ukraine, according to reports.
Former President Donald Trump has changed his hairstyle and hair color, moving from a forward comb to a side part and changing from blonde to chestnut. Analysts indicate this may signify notable changes.