Lizzie Burden

Peace talks have already blown through several deadlines, and even some American officials admit privately that they see no signs Putin is willing to budge.

Vitaly Klitschko is the mayor of Kyiv.

Klitschko added that any peace deal cannot be a capitulation from Ukraine.

One concern among Kyiv's allies is that Putin may agree to a ceasefire that would allow Trump to claim success while Russia continues a campaign of sabotage, hybrid warfare or election interference.

On the markets this morning, the stock 600 is flat to the downside on Wall Street S&P.

Evening futures are flat to the upside of about a tenth of a percent.

And in your bond space, the 10-year Treasury yield is up a basis point at 4.03%.

And I'm Lizzie Burden.

And this is Bloomberg.

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I'm Lizzie Burden.

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Bloomberg understands that the Trump administration is preparing for the president to nominate Kevin Walsh as the next chair of the Federal Reserve.

Donald Trump says he plans to announce his pick for the job later on today.

According to one source, the former Fed governor visited the White House yesterday.

Speaking last night, President Trump teased his impending announcement without giving the name away.

Donald Trump speaking there.

Sources who spoke to Bloomberg on the basis of anonymity warned that the selection is not final until the announcement is made.

Meanwhile, the arrival of a US aircraft carrier strike group in the Middle East means that President Donald Trump has new options to carry out his threats to attack Iran.

The group has about 45 aircraft, but President Trump's goals remain unclear, with his message shifting from removing Iran's leaders, punishing the regime for its deadly crackdown on protesters, or extracting a new nuclear agreement.