Analysis-Ukraine ceasefire hopes offer Europe's markets a tailwind in the shadow of tariffs
A ceasefire deal between Russia and Ukraine would take the sting out of heightened U.S. trade tensions and ease pressure on energy prices and the euro, markets bet, while expectations for defence spending have already sent stocks in the sector surging. President Donald Trump last week ordered U.S. officials to begin talks on ending the war and Secretary of State Marco Rubio arrived in Saudi Arabia on Monday for discussians with Russian officials. However, neither Ukraine nor European nations are expected to be present at the talks.