Senior US Official: Putin not ready to make compromises to end Ukraine war

Russian President Vladimir Putin does not appear to be ready to make compromises to end the war with Ukraine for now, a senior US State Department official told Reuters on Monday.

Market reaction

Markets don't seem to be reacting to this headline. As of writing, the US Dollar Index was up 0.47% on a daily basis at 99.28. Meanwhile, Wall Street's main indexes trade mixed at the start of the week. As of writing, the S&P 500 was flat on the day, the Dow Jones Industrial Average was down 0.35% and the Nasdaq Composite was rising 0.3%.

USD/TRY extends the consolidation around 14.80

The Turkish lira gives away part of the recent gains and motivates USD/TRY to resume the upside to the 14.80/85 band at the beginning of the week. USD
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United States Dallas Fed Manufacturing Business Index came in at 8.7, above forecasts (8) in March

United States Dallas Fed Manufacturing Business Index came in at 8.7, above forecasts (8) in March
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