China’s President Xi: I will welcome Trump to China.
China’s President Xi: I will welcome Trump to China.
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Washington and Beijing extend trade truce despite simmering tensions
Expectations are low for the meeting, the third in less than a year, given their lingering disputes over trade and deep competition over AI. Washington and Beijing extended a trade truce and Chinese leader Xi Jinping talked up cooperation ahead of a high-stakes summit with US President Donald Trump today, boosting hope
EMERGING MARKETS — Asian stocks, currencies pressured by oil prices, bond rout
MSCI EM Asia equities index slips 0.8% Jakarta's equity benchmark down as much as 1.4% India's Nifty 50 down as much as 1.2% Indonesian rupiah weakens to as much as 17,907 (Updates for afternoon trade) By Shruti Agarwal Sept 24 (Reuters) — Emerging Asian stocks and currencies retreated on Thursday, with Indonesian asse
EMERGING MARKETS — Asian currencies fall the most since May as oil prices, bond rout bite
MSCI EM currencies index marks biggest intraday drop since mid-May Indonesian rupiah weakens to as much as 17,900 MSCI EM Asia equities index slips 0.8% Jakarta stocks benchmark down 1%, India's Nifty 25 falls 0.9% By Shruti Agarwal Sept 24 (Reuters) — Emerging Asia currencies fell the most in more than four months on
Stock Market: Will S&P 500 Open Up or Down Today?
U.S. stock futures are trending lower early Thursday as Wall Street prepares for high-stakes trade and AI discussions between U.S. President Donald Trump and Chinese President Xi Jinping, alongside key retail earnings and housing market indicators. The Polymarket (CRYPTO: POL) crowd is leaning bearish for the Sept. 24
Trump welcomes Xi to Washington looking for a trade win
Trump rolls out red carpet as leaders seek stability despite deep tensions Trade truce extension envisaged, but major breakthroughs not expected Xi enters summit with stronger hand given trade surge and rare-earth dominance By Trevor Hunnicutt and David Brunnstrom WASHINGTON, Sept 24 (Reuters) — US President Donald Tru
China, Hong Kong stocks slip as investors weigh Trump — Xi summit outcome
By Summer Zhen HONG KONG, Sept 24 (Reuters) — China and Hong Kong stocks extended losses on Thursday as investors remained sceptical that a meeting between US President Donald Trump and Chinese President Xi Jinping in Washington would produce a broader breakthrough. * China's blue-chip CSI300 Index fell 1.3% by the lun
MNI ASIA OPEN: 20Y Highs for 10Y Yld, S&P Flash PMIs Surge
EXECUTIVE SUMMARY * MNI FED: Gov Barr: Base Case Is For Further Hikes: #83aa171c-7fc4-49fd-82f5-351bcb071d96 * MNI IRAN: Security Chief Says In No Rush To Negotiate: #5df7e2ac-e490-4920-91fd-84069fe559a3 * MNI IRAN: Pezeshkian Talks On Nuclear, Hormuz & US Stance In UN Address: #c9b6854d-8cab-47cb-8646-ce411062279c * M
MNI ASIA MARKETS ANALYSIS: Crude Rebounds, Xi Comes to US
HIGHLIGHTS * Gov Barr (permanent FOMC voter)'s speech Tuesday is primarily on the longer-term outlook for the housing sector, but importantly he notes that his "base case" is for "further policy adjustments" (plural) * Iranian security chief Rezaii via Irib: "Iran has not been in a hurry to negotiate; today, Iran's con
MNI US MARKETS ANALYSIS - USD Strength Pervades
Highlights: * Xi Jinping heads to Washington, meetings with Trump in focus * Flash PMI data in focus, as well as more Fedspeak * USD strength pervades, putting key levels in both GBPUSD and USDMXN into view US TSYS: Paring Gains, Flash PMIs Ahead, Trump Welcomes Xi Tonight: s-xi-tonight-1790161492747 Treasuries are mil
US TSYS: Paring Gains, Flash PMIs Ahead, Trump Welcomes Xi Tonight
Treasuries are mildly firmer, near recent lows with curves bull flattening: 2s10s at late February 2025 levels. Similar moves in EGBs following hawkish flash PMIs and softer crude prices. Oil decline as talks continue on sidelines following yesterday's UN gathering - US special envoy Witkoff said that lengthy talks hav
MNI US OPEN - Trump Hails "Very Good" Talks With Iran's Envoys
EXECUTIVE SUMMARY * TRUMP HAILS IRAN TALKS EVEN AS TEHRAN SETS 'FIRM POSITIONS': #0244e48b-2945-4b3b-8085-728a924ddf38 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH: WSJ: #cddd3044-ae77-4efa-9233-fb28b1e6f368 * NAGEL SAYS 'VIGILANT' ECB MAY NEED MILDLY RESTRICTIVE RATES: #13be4029-5b8c-40
MNI EUROPEAN MARKETS ANALYSIS: USD Supported Despite Lower Oil
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
MNI EUROPEAN OPEN: Oil Pullback Continues
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
US battery startup opens China factory instead of Kentucky plant
U.S. battery startup EnerVenue has opened its first mass production factory in Changzhou, China, opting for the country's established supply chain and skilled labor over a planned facility in Kentucky. CEO Henning Rath stated the decision was driven by the industrial cluster's advantages and the need to prove the manuf
AI euphoria back with a bang lifts stocks near record highs
Global stocks rallied on Monday, with the Nasdaq approaching its June record high, driven by renewed optimism around artificial intelligence. Investors also reacted positively to a fourth consecutive decline in global oil prices.
French bond yields hit 104-bps premium over German debt
France must pay a 104-basis-point premium on its 10-year bonds over Germany's for the first time since 2012, as investors seek more compensation to hold its debt amid concerns over the country's high budget deficit and upcoming presidential election.
At Trump-Xi meeting, Taiwan will be on back burner
Still, rising US-China tensions over the self-governing island loom in the background. Questions about the US’ relationship with Taiwan will likely take a back seat to trade, AI, and other issues as President Donald Trump welcomes Chinese leader Xi Jinping to Washington. Still, rising tensions over the self-governing i
China stocks on track for best day in a month ahead of Trump — Xi meeting; Hong Kong rises
SHANGHAI, Sept 18 (Reuters) — China stock benchmarks are on track to log their best day in a month on Friday, while Hong Kong shares also gained, as traders expect trade tensions to ease after next week’s meeting between U.S. and Chinese presidents. * China’s large-cap CSI300 Index and the Shanghai Composite Index were
FACTBOX — What will Trump and Xi discuss in Washington next week?
(Adds details on Taiwan in paragraphs 11-14) By David Brunnstrom and Joe Cash Sept 17 (Reuters) — U.S. President Donald Trump will welcome Chinese leader Xi Jinping next week for their second meeting this year, as the two leaders seek stability in a relationship under pressure over issues ranging from trade to Taiwan a
Bessent says EU joined U.S. sanctions campaign against Iran
Treasury Secretary Scott Bessent said the European Union has officially joined the U.S.-led sanctions campaign against Iran, calling it part of efforts to sever Tehran’s remaining financial lifelines.