Trump and Putin cancel Budapest summit over Ukraine

Market Intelligence Analysis

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Why This Matters

US President Trump and Russian President Putin have cancelled their planned summit in Budapest, citing no plans to meet to discuss ways to end the ongoing Ukraine conflict.

Market Impact

The cancellation of the summit may lead to increased market volatility, particularly in the energy and commodities sectors, as tensions between the US and Russia escalate.

Sentiment
Bearish
AI Confidence
70%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

White House announces two leaders have ‘no plans’ to meet to discuss ways to end the war

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Full article on Financial Times
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Original article published by Financial Times on October 21, 2025.
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