Author: FX
US Treasury Secretary Scott Bessent will meet Chinese Vice Premier He Lifent in Malaysia next week to try to make progrses on trade.”We will meet in-person next week to continue our discussions,” Bessent wrote, after saying they had spoken on the phone Friday and engaged in detailed discussions. Trump will also travel next week to Hungary to meet with Vladimir Putin.Trump has repeatedly signaled that ‘China will be fine’ on trade and that’s led to a relatively sanguine markets, despite his threat of a 100% tariff. Source link
Gaza's Rafah border crossing to reopen on Monday, Palestinian embassy in Egypt says Source link
OpenAI 'dominating' consumer AI token consumption, Anthropic wins enterprise: Barclays Source link
Trump says 100% tariffs on China not sustainable, still plans to meet Xi Source link
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Currency markets swung amid U.S.-China trade shifts and central bank signals; the dollar weakened as safe-haven currencies gained on banking fears. Source link
Tivic Health files to sell 1.58M shares of common stock for holders Source link
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading and seek advice from an independent financial or tax advisor if you have any questions. Advisory warning: investingLive is not an investment advisor, investingLive provides references and…
EUR/USD dives 0.17% during the North American session on Friday as the Greenback trims its earlier losses as US President Donald Trump tempered his trade rhetoric on China. The pair trades at around 1.1666 after hitting a daily high of 1.1728.Euro retreats from daily highs as risk appetite improves and Fed remarks stay cautiously dovishRisk appetite improved ahead of Wall Street open as US President Donald Trump said that high tariffs on China were not sustainable and most likely increase tensions between the two countries. He added that he plans to meet Xi Jinping at the Asian Pacific reunion in…
The Dow Jones Industrial Average (DJIA) found a near-term foothold to wrap up the trading week, rebounding around 240 points from recent lows and fighting to stay on the high side of key moving averages. Equities took a hit this week after multiple entities in the lending and banking sectors went bankrupt or flashed warnings about debt quality, sparking a brief period of wobbly sentiment. Investors recovered their footing to end the week.Friday rebound takes Dow back from the brinkFriday’s equity market recovery was partly driven by hope of an easing in trade tensions after US President Donald Trump soft-balled…