Putin Peace Talks Odds Spike
Markets surge on potential Zelenskyy-Putin meeting after Russian president signals openness to third-country talks amid three-day ceasefire.
Prediction markets for a Zelenskyy-Putin meeting before 2027 surged 31 cents to 48¢ as traders react to significant diplomatic developments. Putin told reporters he could meet with Zelenskyy in another country, but only to endorse a comprehensive accord after a peace treaty aimed at a long-term historic perspective is finalised. The shift comes as Russia and Ukraine began a three-day ceasefire and agreed to exchange 1,000 prisoners, marking the first time Putin has expressed willingness to meet his Ukrainian counterpart in a third country. While both leaders remain far apart on core issues, the market is pricing in renewed diplomatic momentum after Trump said talks are "getting closer and closer every day" and this could be "the beginning of the end of a very long, deadly, and hard fought War."
Market data sourced from Kalshi. Odds reflect prices at time of analysis and may have changed.