U.S. President Donald Trump said Sunday the onus to end the war between Moscow and Kyiv is on Ukrainian President Volodymyr Zelenskyy.
In a post on Truth Social, Trump said that Zelenskyy could “end the war with Russia almost immediately, if he wants to, or he can continue to fight.” “Remember how it started. No getting back Obama given Crimea (12 years ago, without a shot being fired!), and no going into NATO by Ukraine,” Trump added in the post, mirroring demands by the Kremlin for recognition of its annexation of Crimea and for Ukraine to be excluded from the NATO alliance. Source: CNBC
Trump Nobel Peace Prize odds soar to record highs.
12% chance. Source: Polymarkets
In proportion to population the millionaires exodus from the UK is unprecedented
Main beneficiaries (in proportion of population): UAE, Italy, Switzerland, Singapore, Portugal and Greece Source: Michel A.Arouet
Donald Trump has extended a trade war truce with China for another 90 days, two US officials have said, just hours before his Tuesday deadline to steepen tariffs on the world’s biggest exporter.
Source: FT
Some very important charts...
Goldman Sachs find that US import prices on tariffed goods have declined somewhat, suggesting that foreign exporters have absorbed some tariff costs by lowering their export prices to the US, unlike during the 2018-2019 trade war. Source: Goldman Sachs thru Mike Zaccardi, CFA, CMT, MBA
Most Ukrainians now back negotiated peace
Support for “fighting until victory” has fallen from over 70% in 2022 to just 24% in 2025 (and who can blame them?). Meanwhile, 69% now want Ukraine to negotiate an end to the war as soon as possible. A dramatic shift in public sentiment over three years. Source: Gallup thru Mario Nawfal on X
India has overtaken China as the top smartphone supplier to the US, shipping 44% in the second quarter of 2025 - up from 13% a year earlier.
Geopolitical tensions and uncertainty of Trump's tariffs pushed giants like Apple and Samsung to shift production. Source: @timesofindia
UBS Ukraine Reconstruction Index hit a fresh ATH on Trump peace push.
Top gainers in the index include: Ferrexpo (+20%), Raiffeisen Bank (+12%), Wienerberger (+9.5%), CRH (+7%). Source: HolgerZ, Bloomberg
