At the closely watched talks on Monday, Trump\u00a0said peace negotiations can take place while both countries are still fighting, dropping his earlier calls for a ceasefire. He also said that a meeting between Russian President Vladimir Putin and Zelenskyy is being planned, to be followed by a trilateral meeting which will include Trump.<\/p>\n
Zelenskyy said a package of coveted security guarantees for Ukraine<\/a> \u2014 expected to include a massive purchase of American weapons \u2014 would be “formalized on paper within the next week to 10 days.”<\/p>\n European markets climb<\/p>\n It was a positive day overall for European markets, with the regional Stoxx 600<\/a> index gaining 0.73% as the U.K.’s FTSE 100<\/a> notched a record closing high of 9189.22 points. Retailer JD Sports<\/a> led gains, up 7%, after analysts at Deutsche Bank raised their target price on the stock to \u00a31 ($1.35) from 85p.<\/p>\n Investors are gearing up for the U.K.’s July inflation print on Wednesday morning, where economists polled by Reuters see the annual rate of price rises hitting 3.7%, up from 3.6% in June.<\/p>\n Sentiment was mixed\u00a0on Wall Street. The\u00a0Dow Jones Industrial Average<\/a>\u00a0hit a record high but later pulled back from those levels ahead of key speeches from Fed officials this week.<\/p>\n Central bank officials from around the globe will convene in Jackson Hole, Wyoming, for the\u00a0Fed’s annual economic symposium<\/a> which begins Thursday. Investors are awaiting clues from Fed Chair\u00a0Jerome Powell<\/a>\u00a0as to what will happen at the central bank’s remaining policy meetings this year.<\/p>\n