This week has brought a wave of significant developments in global markets, politics, and economic policies. From Ukraine’s ongoing conflict to shifts in the cryptocurrency landscape, here’s a breakdown of the most important updates.

Zelensky Open to Talks with Russia Under Trump’s Plan

Ukrainian President Volodymyr Zelensky has stated that he is willing to engage in discussions with Russia as part of former U.S. President Donald Trump’s proposed plan. While specifics of the plan remain unclear, this marks a shift in tone as Zelensky has previously been reluctant to negotiate with Moscow. However, he also expressed skepticism, saying, “I don’t see a ready U.S. plan for ending the Ukraine war.”

This statement comes as Ukraine faces continued military pressure from Russian forces, and the U.S. grapples with its role in aiding Ukraine amid shifting political landscapes.

Markets React as Dollar Drifts Near Multi-Week Low

The U.S. dollar is hovering near a multi-week low as fears over trade tariffs have eased. Investors appear more optimistic following indications that new trade restrictions may not be as severe as initially expected. This relief comes after months of market volatility caused by trade tensions between major economies.

EU Criticizes Trump’s Tariff Plan

The European Union has strongly opposed Trump’s proposal for “reciprocal tariffs,” calling it a step in the wrong direction. The plan, aimed at countering what Trump sees as unfair trade imbalances, could spark fresh tensions between the U.S. and its global trade partners. Markets will be watching closely to see how this potential trade war unfolds.

Swiss National Bank Considers Negative Rates to Control Franc

SNB board member Tschudin has hinted that the Swiss National Bank may need to keep subzero interest rates as a tool to manage the Swiss franc. This comes amid concerns that a strong franc could hurt Switzerland’s export-driven economy. The potential for further rate cuts signals that central banks are still struggling to balance inflation and economic growth.

Moderna’s Struggles Continue as Vaccine Market Shifts

Moderna’s latest financial results paint a grim picture for the COVID-19 vaccine maker. As pandemic-related demand for vaccines declines, the company is struggling to maintain growth. Investors are watching closely to see if Moderna can pivot toward new revenue streams, such as flu vaccines or other mRNA-based treatments.

Coinbase Surges Amid Trump-Inspired Crypto Rally

Cryptocurrency exchange Coinbase reported a massive surge in profit and revenue, thanks to a Trump-inspired rally in digital assets. With growing speculation that a second Trump presidency could favor the crypto industry, investors have piled into digital currencies, boosting trading volumes and revenue for platforms like Coinbase.

GameStop Eyes Crypto Investment, Stock Rises

GameStop is considering a move into cryptocurrency investments, sparking a rise in its stock price. The company, which became famous during the 2021 retail trading frenzy, is once again drawing attention from investors eager to see if it can reinvent itself in the digital asset space.

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From geopolitics to financial markets, this week’s events highlight the growing interconnectedness of global economies. The possibility of renewed U.S.-Russia talks, shifting monetary policies, and evolving investment trends in crypto and biotech sectors all set the stage for what could be a transformative period ahead.