US-China London Talks & National Guard LA Clashes | Daybreak Europe 09/06/2025

Market Trends & Global Economy - Asian stocks are rising despite tariff uncertainties, with healthcare and tech sectors performing well [11] - China's consumer prices are falling, confirming the fourth month of deflation, with exports to the U S falling by over 3% [12] - Trade policy uncertainty has dropped in recent weeks, influencing the U S equity market [23][24] - The S&P 500 entered a bull market, crossing 6000, boosted by better-than-expected jobs data [2][21] Trade & Geopolitics - U S and China are engaging in trade talks in London, aimed at diffusing tensions over Beijing's rare earth export restrictions [14][43] - The U S seeks to restore the flow of critical minerals for military systems, while China aims to ease tech restrictions [14][17] - Tensions are escalating in Los Angeles due to protests sparked by U S immigration raids, with President Trump and California's governor clashing over National Guard deployment [4] AI & Technology - The U K government is positioning AI at the heart of its growth agenda, with London Tech Week kicking off [1][28] - Meta is in talks to make a multi-billion dollar investment into AI start-up Scale AI, potentially exceeding $10 billion in value [49] - Luminous, an AI company, is changing the legal space with its AI platform, seeing a 40 times increase in usage [27][30] - Apple's developer conference will focus on software upgrades and AI, with potential for Siri to gain generative AI contextual awareness [80] Financial Markets & Investments - U S futures started the week in the red after entering a bull market, with the S&P 500 pointing lower by about 0 2% [21][42] - The two-year Treasury yield reached 4% for the first time in two months following stronger-than-expected jobs data [22] - The market is pricing in fewer Fed rate cuts, with expectations pushed back to October, pricing around 47 basis points [77][78]