US Treasury Secretary Bessent there will be some "exciting announcements" coming today
Newsquawk Staff ·
US Treasury Secretary Bessent there will be some "exciting announcements" coming today.
What it means
The mention of "exciting announcements" from Treasury Secretary Bessent suggests potential market-moving news on fiscal policy or economic measures, likely to impact the USD and broader risk sentiment. Traders should keep an eye on how these announcements could influence market expectations surrounding U.S. economic conditions, particularly during both the EU and US sessions.
- Brussels is demanding that the UK be bound by European restrictions on Chinese EVs and that ministers imposetariffs of up to 35% on Chinese-made EVs as the price of allowing British car firms equal access to EU markets, reports The Times
- US Senate Commerce Committee to hold November 10th confirmation hearing for FCC Commissioner nominee Thumann
- The US DoJ is ramping up a criminal investigation into the Alaska US Senate race, issuing more than 100 subpoenas and at least 20 target letters to Democrats, reports ABC citing sources
- Swedish parliament rejects Centre Party leader’s candidacy for PM
- UK's Unite Union says the Apache offshore workers are escalating their strike action on various offshore platforms with a 24-hour period of strikes
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