Current Expectations and Uncertain Outcomes of Trump-Putin Meeting: Low Hopes and Market Implications
The international financial community remains skeptical about the likelihood of any significant breakthrough during the upcoming meeting between U.S.
President Donald Trump and Russian President Vladimir Putin.
Despite news of the possible talks boosting Ukrainian government bond prices, these remain relatively low and do not indicate any substantial improvement in Ukraine’s economic prospects or prospects for ending the war.
According to Reuters, Ukrainian bonds have increased slightly, reaching 55 cents per dollar, still far below the levels seen in spring when investors had higher hopes for a quick resolution.
Experts suggest that even short-term compromises, such as the abandonment of long-range missiles or drones, are unlikely to alter the fundamental situation — the war continues to be a pressing challenge.
Surveys show that most fund managers currently hold minimal positions in Ukrainian bonds, with this trend decreasing over the past six months.
Analyst Catherine Exum highlights that investors’ restraint reflects their cautious outlook regarding the results of the upcoming high-stakes meeting.
Despite a nearly 20% increase in bond prices over the last month, the figures remain significantly lower than early-year peaks—expectations of a swift resolution after breakthrough agreements.
Additionally, as of August 14, the volume of domestic government bonds owned by Ukrainian citizens grew to over 100.2 billion hryvnias, setting a new record and indicating growing confidence among the population in government finances and a stabilizing investment environment.