USTR Greer says US President Trump is comfortable on where the US is on Canada; there is still a lot of strong trade with Canada; Canada wants a deal
Japanese Finance Minister Katayama said she discussed the trend of the yen's continued depreciation in the FX market during an online meeting with US Treasury Secretary Bessent, Kyodo reports
Houthi's have told the EU they will not target European ships within the Red Sea, FT reports citing sources; letter was sent in September. Assured the EU that Houthi activtiy would not impact navigaton through Bab al-Mandeb
USTR Greer says US President Trump is comfortable on where the US is on Canada; there is still a lot of strong trade with Canada; Canada wants a deal
US Army Reserve is reportedly looking into whether support units can be provided to the military's Southern Command, CBS reports citing sources; source adds the request is for military planning aimed at Cuba, despite the message not referencing it
US President Trump says very productive meeting with President Xi for both the USA and China
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Trade commentary from the USTR falls into the familiar category of rhetorical temperature-setting rather than negotiation substance: officials publicly framing the counterpart as the party that 'wants a deal' has historically been a standard pressure posture late in talks, and reassurance that the existing relationship remains intact tends to precede either a framework announcement or a managed stalemate, with the distinction only becoming clear through follow-through on deadlines and tariff schedules. The actor's prior form matters here, as this administration has repeatedly paired conciliatory language with sudden escalation, so single remarks of this kind have tended to fade quickly unless matched by a counterpart signal from Ottawa. The transmission channel, where it exists, runs through CAD crosses and North American-exposed equity sectors rather than the broad dollar, and through energy and autos given the bilateral trade mix. What carries information next is any scheduling of formal talks, publication or lapse of exemption dates, and whether the Canadian side echoes or contradicts the characterization. As commentary rather than policy, the signal is directional and low-conviction.
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