Global Markets in Wait-and-See Mode as Ukraine Talks and Fed Focus Weigh Inº

On Tuesday, markets around the world showed restraint—a reflection of optimism tempered by prudence. Diplomatic momentum and imminent Central Bank cues are the watchwords of the day.
In Asia, equities held firm—Japan's Nikkei showed resilience, buoyed by fading geopolitical worries and cooler oil prices. In Europe, stocks edged higher, lifted by growing hope that the Russia–Ukraine peace process could roll forward.

Currency markets were calm. The U.S. dollar remained steady, while gold provided a soft landing spot for jittery capital. Oil dipped slightly, riding the wave of diplomatic easing that may pave the way for lower energy strains.

Europa, Asia, and global investors alike seem content to wait on the sidelines. The focus is squarely on Jackson Hole—where Jerome Powell’s tone could nudge sentiment dramatically—and developments from Washington that may reshape energy and geopolitical risk. For now, the markets breathe easy—but stay alert.