US Treasury Secretary Bessent says there are no US-UK talks scheduled at the moment
This statement from the US Treasury Secretary indicates no ongoing discussions between the US and UK regarding trade, which may signal a pause in potential easing of trade tensions.
Japan's JIP co-leader Fujita says markets appear to be concerned by aggressive fiscal policy, and Japan needs to cut back on subsidies but with minimal impact
ECB's Lagarde says monetary policy is in a "good place"
US Treasury Secretary Bessent says there are no US-UK talks scheduled at the moment
US Treasury Secretary Bessent says his understanding is that President Trump will be delayed by around three hours
France and Germany reportedly appear to agree on placing the ACI on the table, though not necessarily activating it, Politico reports citing sources; a shift as Germany is now reportedly willing to at least explore the concept of using the ACI
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Without scheduled talks, market participants could interpret this as a lack of immediate progress towards a trade deal, potentially impacting currencies and stock sectors sensitive to transatlantic trade relations.
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