US Treasury Secretary Bessent on Canadian relations, says, in the end "I think we will end up in a good place"; USMCA talks are coming up, via CNBC
This comment from Treasury Secretary Bessent suggests a positive outlook for US-Canada relations amid upcoming USMCA negotiations.
Chevron (CVX) is reportedly said to increase exports of Venezuelan oil to 300k BPD in March
US Treasury Secretary Bessent, on the government shutdown, says we do not know what to expect, via CNBC
US Treasury Secretary Bessent on Canadian relations, says, in the end "I think we will end up in a good place"; USMCA talks are coming up, via CNBC
US Treasury Secretary Bessent says there is no trade deal with South Korea until they ratify the deal, via CNBC; on the EU, he calls them disappointing after freezing the trade deal during President Trump's Davos speech
[MARKET UPDATE] USD/JPY rises to session highs of 153.68 (from 152.82) as US Treasury Secretary Bessent says the US is "absolutely not intervening in USD/JPY currently"; the Bitcoin leg lower also coincided with the comments
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The statement reflects a potential for improved trade dynamics which could influence the CAD positively; traders should watch for movements in currency pairs involving the CAD and MXN as sentiment shifts around trade talks.
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