US President Trump says it has been a fantastic day; had extremely positive and productive meetings; things discussed are good for China and the US; Invites Chinese President Xi to the White House for September 24th
President Trump's positive remarks about US-China relations, including an invitation to President Xi for discussions, signal a potential thaw in trade tensions.
UK Cabinet Ministers and MPs are reportedly pointing towards the statement by the Unions call for a timetable, as a potential trigger for a "second wave" of calls for UK PM Starmer to step down, reports Mail on Sunday's Dan Hodges
At least four cabinet ministers, including those close to both UK Health Sec Streeting and Manchester Mayor Burnham, deny reports that they will go to PM Starmer today to tell him to go, reports Bloomberg's Wickham
US President Trump says it has been a fantastic day; had extremely positive and productive meetings; things discussed are good for China and the US; Invites Chinese President Xi to the White House for September 24th
US Treasury Secretary Bessent reiterates his view that oil prices will be lower in six-months, cites the market curve
US Treasury Secretary Bessent, on un-tariffing Chinese trade, says the idea is to start with USD 30bln
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- US-China relationship is one of the most consequential in world history.
- Have a chance to create a future of great prosperity.
- Calls US-China relationship "very special".
This could bode well for market sentiment, likely supporting risk assets and fostering a more optimistic outlook for trade-sensitive currencies, particularly the USD and CNY, while potentially easing pressures on commodities like oil and gold.
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