Trump – Putin prepare to meet, gold plunges, oil slightly increases

Date posted:

Updated date: 08/29/2025
Trump – Putin prepare to meet, gold plunges, oil slightly increases - 1

Index

1. Europe fears being left out when the US and Russia discuss Ukraine

EU officials have expressed concern that the bloc's role could be undermined if the US and Russia directly decide on the Ukraine issue at an upcoming summit in Alaska.

2. Trump sets expectations before meeting Putin

US President Donald Trump expects “significant progress” on Ukraine and global security, but stressed that he will “not compromise” national interests.

News 12/8: Trump – Putin prepare to meet, gold plunges, oil slightly increases

3. Ukraine – Russia strengthen international advocacy

Both Kiev and Moscow are aggressively seeking support from international partners to strengthen their positions ahead of the summit.

4. European leaders send message to Trump

Many EU leaders called on the US to maintain its commitment to NATO and protect Ukraine's interests, avoiding letting the country be sacrificed in bilateral agreements.

5. Gold falls sharply after tax exemption announcement

World gold prices plummeted when Mr. Trump announced tax exemptions on gold bullion, causing temporary shelter demand to cool down.

6. Oil prices rise slightly ahead of US-Russia summit

Brent crude edged up as investors bet the Alaska summit would ease geopolitical tensions, supporting global energy demand.

7. World stocks struggle to wait for US inflation data

Major indexes traded in a narrow range as markets awaited inflation data to gauge the Federal Reserve's next move.

8. USD and RMB fluctuate in opposite directions

The US dollar rose on expectations of higher interest rates, while the yuan fell on concerns that China's economic growth will continue to weaken.

9. Vietnam - Korea establish 5 cooperation orientations

General Secretary To Lam affirmed that economic, technological and defense cooperation are pillars in developing bilateral relations, opening up new prospects for bilateral cooperation.

10. Ho Chi Minh City discovers 2 more outbreaks of African swine fever

The city's agricultural sector has deployed zoning, destruction and disease control to limit the spread, warning of the risk of affecting meat supply.

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