In UN-brokered talks in Türkiye between Russia and Ukraine, an agreement has been reached to form a joint coordination center to ensure the security of Ukrainian grain exports through the Black Sea.
The breakthrough agreement on allowing the resumption of grain exports amidst the ongoing Russian attacks on Ukraine came during a meeting Wednesday in Istanbul between military delegations from Turkiye, Russia, and Ukraine, along with UN officials.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.