USTR Greer, on China, says focused on preparing for the leaders' meeting; sees stability with China over the next year.

USTR Greer's remarks indicate a focus on maintaining stable relations with China in the lead-up to a leaders' meeting, suggesting a commitment to dialogue rather than escalation.

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USTR Greer, on China, says focused on preparing for the leaders' meeting; sees stability with China over the next year.

USTR Greer, on the Strait of Hormuz, says the US is insulated from supply chain effects; US is monitoring global effects; Hormuz did not come up in conversations with China

Canadian GDP MoM Prel (Feb) M/M 0.2 vs. Exp. 0.1 (Prev. 0.0)

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  • Have not heard about postponing the China meeting.
  • Trump and Xi will speak about rare earths if they need to.
  • On rare Earths, says hopes to manage a lot of it at staff level.
Context

This stability could support markets, particularly in sectors sensitive to trade dynamics and could influence currency flows across the USD, EUR, and JPY as investor sentiment shifts. The mention of rare earths highlights a crucial area of ongoing negotiation, which could impact supply chains and commodity markets if concerns arise.

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