The first direct Ukraine-Russia talks did not deliver a ceasefire but it did result in the largest prisoner swap of the war. CHERNIHIV REGION, Ukraine — For hours Friday, a crowd of hopefuls stood on the roadside wrapped in blue-and-yellow flags and clutching photos of captured Ukrainian soldiers — their eyes peeled for any sign of buses.

The announcement was made ahead of an expected prisoner exchange between Ukraine and Russia on Friday – an outcome of last week’s face-to-face talks in Turkey, the first time the two countries have held direct talks at any level in three years.

It follows Donald Trump saying Russia and Ukraine will "immediately" start negotiating, after a two-hour phone call with Vladimir Putin.

Gold prices eased on Tuesday, as a slightly firmer dollar and optimism over a potential ceasefire between Russia and Ukraine dampened investor demand for safe-haven assets.

Donald Trump has decided to step back from peace negotiations between Russia and Ukraine, informing Ukrainian President Volodymyr Zelenskyy and several European leaders of his decision.