US weapons package for Taiwan could be approved after US President Trump's China trip, according to sources
Newsquawk Staff ·
US weapons package for Taiwan could be approved after US President Trump's China trip, according to sources.
What it means
The potential approval of a U.S. weapons package for Taiwan following President Trump's trip to China signals a possible escalation in U.S.-China tensions. This development could impact risk sentiment broadly, with markets likely to react in commodities, equities, and foreign exchange; notably, safe-haven assets like gold and the JPY may see increased demand as investors seek refuge amid geopolitical uncertainty. Observing the markets as this unfolds will be crucial, as the implications for global trade and military dynamics in the region could be significant.
Sources
- Israel exit poll shows Israeli PM Netanyahu's coalition wins 50 seats, opposition wins 52 seats and Arab-led parties win 18 seats
- Israeli election exit poll: Netanyahu bloc 55 seats; opposition bloc 49; Arab parties bloc 16, i24NEWS reports
- CRUDE WRAP: WTI (Z6) SETTLES USD 1.86 LOWER AT 99.90/BBL; BRENT (F7) SETTLES USD 1.33 LOWER AT 109.41/BBL
- Iranian President Pezeshkian and Russian President Putin discussed energy cooperation and trade
- US President Trump says the US will officially ban the term "AI/Artifical Intelligence", due to inaccuracy
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