September 23 International Forex News

Zelenskyy: Ready for Trilateral Talks with the U.S. and Russia

According to CNN, Ukrainian President Volodymyr Zelenskyy said he was ready to hold trilateral talks with Russian President Vladimir Putin and the United States to end the war in Ukraine. “I am ready at any time,” Zelenskyy said at a news conference during the U.N. General Assembly on Tuesday. “I think all of us need to act as quickly as possible.” He said his meeting with U.S. President Donald Trump was “positive and productive,” adding that the two leaders had discussed “possible de-escalation measures to open a channel for diplomatic negotiations.” They also discussed a possible “energy ceasefire agreement” with Russia, under which neither side would target the other’s energy infrastructure. Zelenskyy said: “Any negotiating signal from Russia would indicate that they are willing to take action.” Zelenskyy also said he had not received a “specific answer” from Trump on whether the United States would provide Ukraine with additional interceptor missile systems. However, he added that the current position was “positive” and that his team would “continue to advance the matter.” He also said Ukraine needed to obtain a license to produce Patriot missile systems and asked Trump to help accelerate the process.

Probability of a Fed Rate Hike in October at 54.2%

According to CME FedWatch, the probability that the Federal Reserve will keep its target rate at 3.75%-4.00% unchanged at its October meeting is 45.8%, while the probability of a 25-basis-point rate hike is 54.2%. By December, the probability of keeping the target rate at 3.75%-4.00% unchanged is 10.8%%, the probability of a cumulative 25-basis-point hike is 47.8%, and the probability of a cumulative 50-basis-point hike is 41.4%.