As reported by Reuters, A deal has been struck for an upcoming summit between US President Donald Trump and Russian President Vladimir Putin, and contenders for a 3rd-party meeting place are currently under consideration.
Key quotes
"Kremlin foreign policy aide Yuri Ushakov, speaking after Putin met U.S. National Security Adviser John Bolton in the Kremlin, said the summit would take place in a mutually convenient third country and that several more weeks were needed to prepare for it. Moscow and Washington will announce the time and place of the summit on Thursday. In Washington, Trump said their meeting likely would take place after a July 11-12 summit of NATO leaders he is due to attend.
Trump confirmed that Helsinki was a possible site. Other officials said the Russians were pushing for the summit to be in the Austrian capital of Vienna.
Trump listed Syria and Ukraine among the many subjects he said they would discuss. His list did not include warnings from U.S. intelligence officials that Russia will try to interfere in U.S. congressional elections in November. The two men last met in November on the sidelines of an Asia-Pacific summit in Vietnam. After those talks, Trump said he believed Putin’s denials Russia had meddled in the 2016 U.S. presidential election - remarks Trump later backed away from.
“It is entirely possible for a U.S.–Russia summit to be constructive, but I’m very concerned that after his recent performance at the G7 in Canada, President Trump will once again clash with our closest allies at the upcoming NATO summit, only to then engage in fawning photo ops with President Putin afterwards,” Democratic Senator Chris Coons said in a statement."
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Recommended content
Editors’ Picks

NZD/USD slides below 0.5500 for the first time since March 2020, ahead of RBNZ
NZD/USD has touched a fresh low since March 2020 this Wednesday and looks to extend the downward momentum below the 0.5500 mark ahead of the RBNZ's expected 25 bps interest rate cut decision. The global meltdown on the back of tariffs-led recession fears and escalating US-China trade war continue to weigh on the Kiwi.

AUD/USD slumps to fresh low since March 2020 amid worsening US-China trade relations
AUD/USD dropped to its lowest level since March 2020 after officials confirmed that the US will proceed with a sweeping 104% tariff on Chinese imports starting this Wednesday. Besides the escalating US-China trade war, global recession fears continue to rattle financial markets worldwide and drive flows away from the risk-sensitive Aussie.

Gold price extends its consolidative price move near multi-week low
Gold price remains confined in a range near a multi-week low touched on Monday amid mixed fundamental cues. The widening global trade war and recession fears lead to an extended sell-off in equity markets worldwide. Moreover, bets for more aggressive Fed rate cuts and a weaker USD act as a tailwind for the bullion.

RBNZ set for another interest rate cut amid trade tariff uncertainty
The Reserve Bank of New Zealand is on track to deliver a 25 basis point cut to the Official Cash Rate, bringing down the key policy rate from 3.75% to 3.50% following its April monetary policy meeting on Wednesday.

The Fed is looking at a hefty price level
We are still in thrall to tariffs, the faux-macro “data” driving markets. The WSJ editorial board advised other countries to take their tariffs to zero so that Trump’s “reciprocal” tariffs will have to be zero, too. Cute, but no cigar.

The Best brokers to trade EUR/USD
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you're a beginner or an expert, find the right partner to navigate the dynamic Forex market.