Digest | 2 June 2025
- Edward von der Schmidt
- Jun 3
- 5 min read
Geopolitical headlines dominated otherwise quiet trading Monday. Ukraine's sophisticated attack targeting Russian strategic bombers over the weekend changed the calculus of peace talks as entrenched negotiating positions beckoned presidential dialogue. In Europe, Polish elections raised challenges for the EU while the Netherlands governing coalition collapsed. US officials eyed a Trump-Xi call to resolve trade tensions over rare earths and semiconductors after security rhetoric escalated. As the USTR sought to accelerate trade negotiations and the Senate contended with House legislation, Federal Reserve officials looked for tariff resolution and inflation assurance to open a path toward easing.