US President Trump says in State of the Union Address that our nation is back, bigger, better and stronger than before
Newsquawk Staff ·
Says
- We've seen nothing yet and this is the golden age of America.
- We have achieved a transformation like never before and a turnaround for the ages.
- Low interest rates will solve housing problem. Want to protect home values, keep them up.
- Inflation is plummeting and salaries are rising, the roaring economy is roaring like never before.
- Gas prices are lower.
- US oil production is up.
- We just received more than 80mln barrels of oil from Venezuela.
What it means
President Trump's claims about America being in a "golden age" and the economy roaring could bolster market sentiment, particularly in equities and commodities. By highlighting low interest rates and rising salaries alongside plummeting inflation, there might be implications for consumer confidence and spending, which are critical for growth. Keep an eye on the USD's response, especially given the geopolitical significance of his remarks on oil production and prices.
- Russian Deputy Foreign Minister Ryabkov says Russia remains in the preparatory phase for negotiations on Ukraine, TASS reports
- Ukrainian President Zelensky says Ukraine will not attack Russian ships carrying diesel for the US
- Israeli PM Netanyahu's bloc has 56 seats and opposition has 49 seats after 50.1% of votes were counted, according to Israel's Channel 12
- US President Trump says there will be a meeting with Russian President Putin and Ukrainian President Zelensky set up soon, while Trump says there will be a meeting on disarmament during Asia trip
- Newsquawk US Market Wrap - Stocks gain as AI fears fade while strong data supports the buck
Related headlines
- Iran's Foreign Minister Araghchi says sustainable regional security requires collective responsibility, mutual respect for sovereignty and cooperation among regional countries without foreign military intervention3 hours ago
- [MARKET ANALYSIS] Oil prices rebounded after recent choppy price action amid mixed geopolitical headlines, while an inconclusive Israeli election adds to the uncertainty 6 hours ago
- Israel exit poll shows Israeli PM Netanyahu's coalition wins 50 seats, opposition wins 52 seats and Arab-led parties win 18 seats11 hours ago
- [MARKET ANALYSIS] DXY takes a breather after recent gains and heading into the FOMC, while NZD slumps on RBNZ's surprise pause6 hours ago
- Notable FX Option Expiries for today's NY cut: 28th October 202620 min ago
- PRE-MARKET JAPANESE AND SOUTH KOREAN STOCKS NEWS: SK Hynix earnings in focus9 hours ago
- ONEOK Inc. (OKE) Q3 2026 (USD): EPS 2.13 (exp. 1.51), Adj. EBITDA 2.24bln (exp. 2.17bln)12 hours ago
- [MARKET ANALYSIS] Treasury futures retreat with yields underpinned as oil prices rebounded6 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.6734 (prev. 6.7171)8 hours ago
- Baker Hughes (BKR) Q3 (USD) EPS 0.70 (exp. 0.64), rev. 8.03bln (exp. 7.78bln)11 hours ago
- Teradyne (TER) Q3 2026 (USD): Adj. EPS 2.29 (exp. 2.08), Revenue 1.306bln (exp. 1.265bln); Adj. net income 359.9mln (exp. 320.3mln)12 hours ago
- TPG pursues USD 5bln acquisition of UK data centre group Ark, according to FT3 hours ago
- Iranian Foreign Minister Araghchi says that the destructive consequences of any military adventurism provoked by Israel in the Persian Gulf region for international markets remain a serious concern for gas exporting and gas consuming countries44 min ago
- Visa (V) Q4 2026 (USD): Adj. EPS 3.48 (exp. 3.44), Revenue 12.1bln (exp. 12.09bln), Adj. net income 6.6bln (exp. 6.48bln); raises dividend 16% to 0.78/shr12 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks are higher amid the ongoing tech rebound and record SK Hynix earnings, while participants await central bank decisions5 hours ago