US envoy Witkoff says delegation made ‘substantial progress’ in Russia, Ukraine visits

This is a signal, not a substance, update — the claim of 'substantial progress' is unverified and lacks specifics, which matters because market participants may price in easing geopolitical risk on headline alone. The open question is whether the follow-up trilateral talks materialize and produce concrete terms, or if this remains diplomatic framing. For now, the thin detail means any market reaction is likely sentiment-driven rather than fundamentals-based.