US Treasury Secretary Bessent discussed risks from overcapacity production with EU
The discussion between US Treasury Secretary Bessent and EU officials on risks stemming from overcapacity production underscores growing concerns over trade imbalances and market stability.
US FX WRAP: Dollar edges lower as Antipodes outperform ahead of central bank confabs
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 6 TICKS LOWER AT 111-01
US Treasury Secretary Bessent discussed risks from overcapacity production with EU
US Interior Department says Bluepoint Wind and Golden State Wind agreed to end offshore wind leases
Brazil's Durigan says going to achieve discounts of up to 90% on debts through this programme; expectation is that they will continue to have interest rate cuts
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This dialogue could signal potential regulatory actions or changes in trade policy aimed at addressing these issues, which might influence related assets such as commodities or currency pairs tied to impacted sectors.
Related headlines
- There are signs the US is working to devise some means of striking Iran's nuclear sites, CNN reports42 min ago
- Surge in construction detected at Iran’s Pickaxe Mountain site near the Natanz nuclear complex, i24 reports, citing new satellite imagery shows56 min ago
- Iran launched a drone at a tanker near Iraq, and at a tanker near the Emirates, reports i24's Stein1 hour ago
- UK PM Burnham appears to rule out cutting welfare to fund defence spending, The Guardian reports; We plan further measures on cost of living this year1 hour ago
- IRGC spokesperson says if the enemy hits 2 of our targets, we will attack 20 targets, Fars reports1 hour ago
- UKMTO notes of an incident 28NM of south-east of Al-Faw, Iraq; in reference to an incident seen at 0230 UTC1 hour ago
- Iranian IRGC spokesperson says ships passing through the restricted zone in the Strait of Hormuz will face sanctions, including suspension of maritime, insurance and support services, with the restricted zone extension, Fars reports1 hour ago
- IRGC official warns that further US aggression against Iran could trigger more unprecedented Iranian responses, IRNA reports1 hour ago
- Pakistan’s Defence Minister says Islamabad is seeking to create conditions that help reduce tensions in the region, Al Jazeera reports2 hours ago
- Russia's Kremlin says they hope US-mediated talks with Ukraine will resume soon2 hours ago
- Iran’s Foreign Ministry condemns US attacks on Iranian vessels and says Tehran’s strikes on US military bases and interception of American vessels constitute legitimate self-defence under international law2 hours ago
- Two port officials say a Panama-flagged tanker carrying 2mln barrels of Iraqi fuel oil was hit by a drone in Iraqi territorial waters; tanker is named "New Andros", and no casualties were reported2 hours ago
- US CENTCOM says that no US Navy warships have been struck, denying IRGC claims2 hours ago
- The Vienna meeting calls on Iran to engage seriously without conditions in confidence-building talks, Al Jazeera reports citing a US-European draft resolution2 hours ago
- [MARKET ANALYSIS] JPY continues to gain after daring commentary from US Treasury Sec. Bessent3 hours ago
- [MARKET ANALYSIS] Fixed falters once more as Brent takes USD 100/bbl, awaiting the Treasury buyback announcement3 hours ago
- UKMTO has received a report from a third-party of an incident 24NM northwest of Port Rashid, UAE; incident occurred at 02:48 UTC3 hours ago
- [MARKET ANALYSIS] Brent briefly tops USD 100/bbl as Middle Eastern tensions remain heightened3 hours ago
- [MARKET ANALYSIS] European bourses under pressure as renewed US-Iran strikes drive energy higher; ITX SM hit despite mixed earnings while FORTUM FH surges on GOOGL deal3 hours ago
- UKMTO has received a report involving several merchant vessels in the Northern Arabian Gulf and the Gulf of Oman; in reference to an update from 8 Sept at 22:15 UTC3 hours ago
The whole workspace, free to try.
Try it free