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US shutdown end in sight as Democrats agree to funding deal — Bloomberg
The record-breaking US government shutdown is nearing an end after a group of centrist Senate Democrats agreed to support a deal to reopen the government and fund some departments and agencies for the next year, Bloomberg reported on Monday.
Fxstreet
Mon, Nov 10
US Treasury’s Bessent: Impact of government shutdown on economy is worsening
US Treasury Secretary Scott Bessent said on Monday that the US federal shutdown impact getting worse for the economy.
Fxstreet
Mon, Nov 10
US President Donald formalizes fentanyl, reciprocal tariff cuts in US-China deal
US President Donald Trump announced a cut to fentanyl-related tariffs on imports from China, lowering the rate from 20% to 10%, and the continued freeze of some of his reciprocal levies on Chinese goods, Bloomberg reported on late Tuesday.
AUD/USD
Fxstreet
Wed, Nov 5
Trump-Xi Summit Concludes: 4 Out of 5 Major Issues Resolved, Trump Calls It a ‘12 Out of 10’ Success
TradingKey - The most anticipated part of President Donald Trump’s Asia trip — his meeting with Chinese President Xi Jinping — concluded after 1 hour and 40 minutes, marking the first in-person summit between U.S. and Chinese leaders in six years, aimed at easing trade tensions and fostering
TradingKey
Thu, Oct 30
UK small business confidence fell sharply in the third quarter
UK small business confidence fell sharply in the third quarter as firms brace for higher taxes and rising costs.
Cryptopolitan
Thu, Oct 30
Global automakers face production crunch as Nexperia chip shortages worsen
Automobile manufacturers are increasingly concerned about a shortage of basic microchips, resulting in production delays. According to reliable sources, the issue began this week at Honda’s factories in North America and is anticipated to impact other carmakers globally.
Cryptopolitan
Thu, Oct 30
US faces $14B economic hit as government shutdown drags
The economic toll on the US continues to grow as the government shutdown persists. The standoff, according to a new analysis from the Congressional Budget Office (CBO), could result in a decline in national economic output of between $7 billion and $14 billion.
Cryptopolitan
Thu, Oct 30
US Treasury’s Bessent: Japanese government gives BoJ policy space, avoid excess FX volatility
US Treasury Secretary Scott Bessent said on Wednesday that the government’s willingness to allow the Bank of Japan (BoJ) policy space will be key to anchoring inflation expectations and avoiding excess foreign exchange (FX) volatility.
Fxstreet
Wed, Oct 29
DeepSeek and Alibaba’s Qwen AI models saw a 100% increase in nine days
DeepSeek and Qwen, two leading Chinese AI systems, have outperformed Western rivals, including ChatGPT, achieving gains of over 100% in just nine days during a live crypto trading event.
Cryptopolitan
Tue, Oct 28
US and China tee up sweeping trade deal ahead of Trump–Xi meeting
Top Chinese and US economic officials on Sunday have agreed on the framework of a potential trade deal that will be discussed when US President Donald Trump and Chinese President Xi Jinping meet later this week, CNBC reported on Sunday.
Fxstreet
Mon, Oct 27
The Trump administration is moving to fast-track data center power hookups
The Trump administration is accelerating data center power hookups, reducing approval timelines from several years to just 60 days. Trump’s administration is pushing regulators to advance Trump’s AI and manufacturing goals.
Cryptopolitan
Fri, Oct 24
Global firms face $35B tariff hit but trade deals ease pressure
Global companies face a $35 billion impact from tariffs, but trade agreements help reduce the strain.
Cryptopolitan
Tue, Oct 21
Trump said he expects a “fantastic trade deal” with China by the end of the month despite the ongoing tariff war
Donald Trump, speaking from the White House on Monday, said a “fantastic trade deal” with China is coming soon. The U.S. president told reporters that negotiations were heading in the right direction and that he expected a full agreement to be reached by the end of the month.
Cryptopolitan
Tue, Oct 21
China confident on growth goals despite economy’s weak performance
China reported its slowest economic growth in a year but insisted it remains on course to meet its annual targets, helped by strong export numbers that have cushioned weak domestic activity. The country’s economy grew 4.8% in the three months ending in September compared to the same period last year, according to figures released Monday […]
Cryptopolitan
Mon, Oct 20
Delayed CPI report, Fed meeting loom as Big Tech, automakers post results
Wall Street begins its second week of third-quarter earnings as investors brace for the first inflation data since the U.S. government shutdown, with Netflix, General Motors, Tesla, Ford, and Intel, all reporting.
Cryptopolitan
Mon, Oct 20
China is pushing industrial tech and AI as U.S. tensions and market volatility rise
China’s tech stocks are staying in play even as the U.S. turns up the pressure and global markets get more chaotic. From October 20 to 23, Beijing’s top officials are meeting to lay out their five-year goals, and tech is expected to dominate the agenda.
Cryptopolitan
Mon, Oct 20
US President Donald Trump says he believes China will make a deal on soybeans
US President Donald Trump said over the weekend that he wants China to buy soybeans at least in the amount they were buying before. Trump added that he believes China will make a deal on soybeans.
Fxstreet
Mon, Oct 20
House Select Committee on China on Thursday expressed reservations about the proposed structure of the sale of TikTok’s US operations
The chair of the House Select Committee on China on Thursday expressed reservations about the proposed structure of the sale of TikTok’s US operations, indicating that a licensing agreement for the app’s core algorithm would raise “serious concerns.”
Cryptopolitan
Fri, Oct 17
The U.S. Chamber of Commerce sued the Trump administration over hefty new fees in the H-1B visa program
The U.S. Chamber of Commerce has filed a lawsuit against President Trump’s administration to stop the new $100,000 H-1B visa fee, arguing that it violates U.S. immigration law and would devastate businesses that depend on skilled foreign workers.
Cryptopolitan
Fri, Oct 17
Trump confirms he will meet Putin in Budapest after a “long and productive” phone call
In a Thursday update on Truth Social, President Donald Trump announced that he and President Vladimir Putin have agreed to meet in Budapest, Hungary, following what he described as a “long and productive” phone call.
Cryptopolitan
Fri, Oct 17
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