CANADA DATA: Building Permits Post First Increase In Four Months

US President Donald Trump will meet Ukrainian President Volodymyr Zelenskyy at the White House on Thursday, per reporting from the Financial Times. The meeting comes as the Trump administration's pivot toward Kyiv has yet to be backed with new penalties on Moscow, and Trump weighs supplying Ukraine with long-range missiles. 

• News of the meeting comes after the pair spoke on Saturday, with Zelenskyy urging Trump to use the momentum from the Gaza peace deal to take a more assertive role in a Ukraine ceasefire.
• Zelenskyy wrote on X, “I congratulated [Trump] on his success and the Middle East deal... If a war can be stopped in one region, then surely other wars can be stopped as well—including the Russian war.”
• Trump told reporters yesterday he is considering arming Ukraine with long-range Tomahawk missiles that would allow strikes deeper into Russia, but may first talk to Russian President Vladimir Putin about it in a bid to end the war. Trump, “If the war is not settled, then we may very well do it. We may not, but we may do it.”
• Trump added more explicitly that he may use the threat of Tomahawks as leverage with Putin, “I might have to speak to Russia... Do they want to have Tomahawks going in their direction? I don’t think so. I think I might speak to Russia about that, in all fairness. I told that to President Zelenskyy, because Tomahawks are a new step of aggression. You understand that.”

• +5,000 SFRZ5 96.12/96.25/96.31 put trees, 0.75 ref 96.36

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