US House leadership is set to advance housing bill despite US President Trump's SAVE Act demands, according to Punchbowl's Sherman
Newsquawk Staff ·
US House leadership is set to advance housing bill despite US President Trump's SAVE Act demands, according to Punchbowl's Sherman.
What it means
The advancement of the housing bill in the US House despite President Trump's demands indicates a potential shift in legislative priorities, which could influence market sentiment. This may create volatility in USD and equity markets as investors react to the implications for housing policy and broader economic conditions. Staying alert for any further developments is key, as this can affect risk sentiment in both domestic and international markets.
Sources
- US Market Wrap: Stocks gain as tech earnings begin
- US President Trump says on embassy staff told to depart, says don't know that they are; we continue to beat Iran
- US President Trump says he had a good meeting on cyber; On embassy staff told to depart, says don't know that they are
- US President Trump says closest they've ever been to settling Ukraine/Russia war
- Canadian PM Carney says he spoke to US President Trump on Wednesday for quite some time; he discussed a wide range of issues with US President Trump, including Iran
Related headlines
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.67 LOWER AT 97.15/BBL; BRENT (X6) SETTLES USD 0.03 HIGHER AT USD 108.82/BBL2 hours ago
- US waives Russian diesel tax record requirements for buyers1 hour ago
- Ukrainian President Zelensky says supports US proposal for trilateral talks at level of negotiators as soon as possible; Ukraine hopes for meeting not later than early November; Meeting could discuss peace and possible leaders’ summit3 hours ago
- [MARKET UPDATE] Risk-on trade seen at 12:39EDT/17:39BST with desks citing OFAC authorising offloading of some cargo involving some blocked vessels; Downside in oil, equity futures hit new session highs, gold and bonds rallied, while USD saw pressure4 hours ago
- Israeli helicopters flying in the sky of southern Syria, and continued transfer of military forces, equipment and deployment of early warning systems, are being carried out within the framework of preparation for a possible war with Iran, reports Mizan5 hours ago
- Lam Research (LRCX) Q1 2027 (USD): Adj. EPS 2.20 (exp. 2.18), Revenue 8.22bln (exp. 8.13bln), 1 hour ago
- Meta Platforms Inc (META) Q3 2026 (USD): EPS 3.83 (exp. 6.67), Revenue 64.6bln (exp. 63.31bln)1 hour ago
- Meta (META) must pay USD 25bln in penalties, a New Mexico judge ruled after jury found company misled consumers about privacy4 hours ago
- Newsquawk Daily US Earnings Estimates - 22nd October 2026: BX, LMT, VLO, PG, UNP, WDC, NEM, SPOT5 hours ago
- US Treasury sells USD 13bln of 20-year bonds; tails 0.9bps4 hours ago
- Auction History: US Treasury to sell USD 13bln of 20-year bonds on 21st October; to settle on 22nd October5 hours ago
- Newsquawk Daily Asia-Pac Opening News - 22nd October 202657 min ago
- Kinder Morgan Inc (KMI) Q3 2026 (USD): Adj. EPS 0.35 (exp. 0.32), Revenue 4.531bln (exp. 4.38bln)57 min ago
- Exxon (XOM) shuts catalytic reformer at Joliet, Illinois refinery (275k BPD)5 hours ago
- US EIA Distillate Stocks Change (Oct/16) 1.675M vs. Exp. -1.2M (Prev. -2.527M)7 hours ago