US Treasury’s Bessent: Rare earths deal will 'hopefully' be done by Thanksgiving — Reuters

FXStreetNov 17, 2025 12:33 AM

View all comments（0）



US Treasury Secretary Scott Bessent said that a rare earths deal between the U.S. and China will "hopefully" be done by Thanksgiving, Reuters reported on Sunday.

Key quotes

Rare earths deal with China will "hopefully" be done by Thanksgiving.

I am confident that post our meeting in Korea between the two leaders, President Trump, President Xi (Jinping), that China will honor their agreements.

Market reaction

At the time of writing, the US Dollar Index (DXY) is trading 0.08% higher on the day to trade at 99.37.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Comments (0)

Click the $ button, enter the symbol, and select to link a stock, ETF, or other ticker.

Commenting Guidelines

Recommended Articles

Today’s Market Recap: Nvidia Leads AI Chip Stocks, Dell Surges Nearly 16%, Three Major US Indexes End Three-Day Losing Streak

TradingKey - On September 2, Eastern Time, the three major US stock indices rebounded collectively, snapping a three-day losing streak. Investors re-entered the market following recent pullbacks in tech and select cyclical stocks, while AI-related equities such as Nvidia (NVDA) and Dell (DELL) gaine

Broadcom Q3 Revenue Rises 86%, Slightly Beating Estimates; Shares Fall Over 6% After Hours

Shares of Broadcom (AVGO) fell as much as 6% after the company reported its third-quarter fiscal 2026 financial results on September 2, Eastern Time. As of press time, the decline narrowed to 3.49%, with the stock trading at $354.43. During the period, Broadcom's revenue surged 86% year-over-year to $29.591 billion, topping market expectations of $29.4 billion and sustaining its rapid growth driven by AI demand.

Why Are Three Major US Stock Index Futures Under Pressure to Start September? Nvidia, Apple, Tesla, Micron in Focus

TradingKey - On the first trading day of September, U.S. stock futures moved lower across the board in pre-market trading. As of press time, Dow Jones Industrial Average futures and S&P 500 futures both fell by about 0.55%, while Nasdaq 100 futures dropped approximately 1.05%. Rising oil prices, higher U.S. Treasury yields, and heightened tensions in the Middle East combined to weigh on risk appetite.

Gold Price Forecast: Can Gold Keep Rising as Fed Rate Hike Expectations Heat Up and US-Iran Conflict Escalates?

TradingKey - As of the Asian session on August 31, gold prices (XAUUSD) extended Friday's decline, briefly dipping below $4,400 intraday to hit a low of $4,396.36. Last Friday, gold closed down more than 3% as hawkish remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole symposium significantly boosted expectations for a September rate hike. Meanwhile, the escalation of the US-Iran military conflict over the weekend and rising international oil prices have further heightened inflation concerns, placing heavy pressure on gold's upward trajectory. However, technical analysis suggests that gold still has potential for upside gains.

August Kicks Off: Palantir, AMD, SanDisk Earnings and NFP Jobs Report - 5 Stocks and 3 Macro Events to Watch

The biggest tech earnings week is over. Now comes the hangover test. Palantir reports Monday. AMD reports Tuesday. SanDisk reports Wednesday. NFP drops Friday. Here are the 5 stocks and 3 macro events that define the week of August 3 to 7, 2026.

Featured Tools