US-RUSSIA: Trump-Putin Summit Schedule
[US-RUSSIA] Trump-Putin Summit Schedule:
The high-profile summit between US President Donald Trump and his Russian counterpart, Vladimir Putin, gets underway later today in Anchorage, Alaska. Trump is set to leave the White House at 06:45ET (11:45BST/12:45CET/19:45JST) and arrive at around 11:00 local time (15:00ET/20:00BST/21:00CET/04:00JST). He will then depart for Washington, D.C., at 17:45 local time (21:45ET/02:45BST/03:45CET/10:45JST), giving the two leaders just under seven hours together.
- The Kremlin has said that an initial tete-a-tete involving just Trump, Putin and their interpreters will get underway ~11:30 local time (15:30ET/20:30BST/21:30CET/04:30JST). This will be followed by talks involving the delegations from both sides, and then a "working breakfast".
- As noted on 14 August, the Russian delegation is a senior and sizeable one of five high-ranking ministers and officials (see 'US-RUSSIA: Kremlin: Putin-Trump Summit Starts 11:30 Local, Joint Presser After', 10:27BST). The Guardian reports that the US delegation is smaller, consisting of three senior officials: Secretary of State Marco Rubio, Secretary of Defense Pete Hegseth, and Middle East envoy Steve Witkoff. The Kremlin had previously talked up a 'five-to-five' summit.
- The Kremlin has talked up the prospect of a joint press conference after the summit, but earlier in the week, Trump raised the prospect that if the summit does not go to his liking, he may walk out without doing the presser with Putin. There is no set time for any presser yet.
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A bull cycle in Gold that started Jun 30, remains intact and the yellow metal is holding on to the bulk of its recent gains. Note that medium-term trend conditions are bullish - moving average studies are in a bull-mode position highlighting a dominant uptrend. WTI futures maintain a bearish tone. The sharp reversal from the Jun 23 high continues to highlight scope for an extension lower and this suggests that recent gains have been corrective.
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- Natural Gas up $0.01 or +0.37% at $3.537
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OAT: Futures Blocked
OATU5 3.56K lots blocked at 122.47, would suggest was buyer initiated based on price action. DV01 ~EUR350K.
