Vance Says Russia Wants Ukraine Territory, Fed’s Cook: Won’t Be Bullied | The Opening Trade 8/21/25

Vice President JD Vance said negotiations over ending Russia’s war in Ukraine are focused on security guarantees for Ukraine and territory Russia wants to control — including Ukrainian territory that Russia isn’t occupying — as the US tries to broker a peace deal between the two nations.

FOMC Governor Lisa Cook has firmly pushed back on calls for her resignation from the Federal Reserve Board of Governors. Pressure had mounted early Wednesday morning after President Donald Trump posted on social media calling for Cook’s resignation over alleged mortgage fraud.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.

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00:01:39 – The Agenda
00:09:09 – Daybook
00:09:47 – Jackson Hole Symposium Begins Today
00:14:02 – Fed’s Cook: Won’t Be Bullied Into Stepping Down
00:17:10 – Alexandra Ivanova, Invesco Asset Management Fund Manager
00:25:26 – Carole Nakhle, Crystol Energy CEO
00:33:10 – The Big Take: Africa’s Richest Person Wants to Dominate Oil Refining Too
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00:47:59 – European Thursday Market Open
00:51:10 – Willem Sels, HSBC Private Banking and Wealth Global CIO
01:13:39 – Need to Know
01:15:13 – Jennifer McKeown, Capital Economics Chief Global Economist
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