Update (0748ET):

Good morning from the ZeroHedge desk.

After a night to digest the historic Trump-Putin summit in Alaska aimed at ending the devastating war in Ukraine - a conflict that has left more than a million killed or wounded and destroyed an entire nation- the European Council has released a joint statement. At the same time, the U.S. president posted his update on Truth Social.

Historic. 

Let's begin with President Trump's Truth Social post:

A great and very successful day in Alaska! The meeting with President Vladimir Putin of Russia went very well, as did a late night phone call with President Zelenskyy of Ukraine, and various European Leaders, including the highly respected Secretary General of NATO. It was determined by all that the best way to end the horrific war between Russia and Ukraine is to go directly to a Peace Agreement, which would end the war, and not a mere Ceasefire Agreement, which often times do not hold up. President Zelenskyy will be coming to D.C., the Oval Office, on Monday afternoon. If all works out, we will then schedule a meeting with President Putin. Potentially, millions of people's lives will be saved. Thank you for your attention to this matter!

Next, the European Council released a joint statement by the French president, Emmanuel Macron, the Italian prime minister, Giorgia Meloni, the German chancellor, Friedrich Merz, the British prime minister, Keir Starmer, the Finnish president, Alexander Stubb, the Polish prime minister, Donald Tusk, the European Council president, António Costa and the European Commission president, Ursula von der Leyen.

EU leaders welcomed Trump's push to end the war in Ukraine. They backed his call for further talks with President Zelenskyy and signaled support for a potential trilateral summit.