Russia Says U.S. Has No Ukraine Peace Road Map

Ushakov told VestiVestiVesti on Sept. 9 that he had not seen the document U.S. Secretary of State Marco Rubio said could be developed after American envoys Steve Witkoff and Jared Kushner visited Moscow and Kyiv. Rubio had said those trips opened the possibility of building a road map for restarting talks on Ukraine in a three-way format within weeks.

The gap between Washington’s optimism and Moscow’s insistence that no plan has been shared suggests negotiations are still at an early, highly political stage. That keeps the conflict a live risk for commodities, European growth and risk appetite, even as global stability gauges from Adalytica show geopolitical awareness elevated.

Gold was already showing some of that sensitivity. GLD fell 1.7% to $396.36 on Sept. 10, below its 50-day moving average of $390.65 and well under the 200-day average of $415.81, while its relative strength index eased to 38.4 and Adalytica’s Gold Fear & Greed Index pointed to neutral sentiment after a sharp drop in fear levels over the past month.

The U.S. dollar ETF UUP was firmer at $28.03, with the 50-day average at $28.22 and RSI at 56.7, signaling a still-supported greenback as investors weighed the chance of continued geopolitical tension against any eventual de-escalation. Russian assets and Europe-sensitive sectors remain hostage to the same question: whether the current round of talks becomes a real plan or another diplomatic holding pattern.

The next catalyst is whether Washington or Moscow produces actual text, timelines or a venue for formal talks. Until then, traders are likely to keep pricing Ukraine news as a headline risk rather than a resolved macro shift.