Global markets were on tenterhooks Monday as momentum to end the war in Ukraine appeared to be ramping up, with European leaders heading to Washington for more talks with U.S. President Donald Trump on ending the war in Ukraine.

European markets traded mixed ahead of the summit later today at the White House, which follows Trump's high-profile meeting with Russian President Vladimir Putin in Alaska on Friday, while U.S. stock futures had moved lower . Meanwhile, Asia-Pacific indices overnight traded mostly higher in anticipation of the talks.

Traders will be hoping that an end to the Russia-Ukraine war — a conflict which began in 2022 and which has shaken the global economy, disrupting trade and supply chains, and creating geopolitical chasms between major economies in the West

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