The U.S. and China have agreed to a framework to implement the trade truce they struck in Geneva last month, after two days of talks in London. https://t.co/ffEmJ5gCBW ...

INFLATION IN, UP .3%. KATIE: A GREAT ROUND UP. ONE OF THE TOP STORIES THIS MORNING.THE OTHER TOP STORY IS THE WHITE HOUSE CELEBRATING A STRING OF TRADE WINS. THE U.S. AND CHINA ESTABLISHED A FRAMEWORK -- A FRAMEWORK FOR IMPLEMENTING THE GENEVA TRADE AGREEMENT BUT IT STILL NEEDS APPROVAL FROM PRESIDENT TRUMP AND TRIP -- AND PRESIDENT XI. AND AN APPEALS COURT ALLOWED TRUMP TO CONTINUE ENFORCING HIS TARIFFS THROUGH JULY.TYLER, BRING US TO THE TRADE FRAMEWORK THAT WE SEEM TO HAVE ESTABLISHED WITH CHINA, WHAT DO ...

Treasury Secretary Scott Bessent is set to testify before the House Ways and Means Committee at 10 am Wednesday, fresh off the plane from London where he led the US team in trade talks with China. Both sides have now established a framework for implementing the Geneva consensus that last month brought down tariffs. ...

Just moments away from the start, 4 minutes from the start of the European trading day here. I guess CPI hangs over these markets as the big set piece event. Absolutely it's CPI.And then, of course, the Treasury auctions. There's a ten year today, a 30 year tomorrow. So I think that there's a little bit of bias towards yields to rise, but that's obviously with no kind of prior knowledge about what CPI will print.I also think there's a little bit, but probably bias for stocks to go down at the margin, but no ...

(door slamming) (camera shutter clicking) (onlookers faintly speaking) (car engine rumbling) - We have reached a framework to implement the Geneva consensus and the call between the two presidents, right. So that was on June 5th. So we've combined those two.We've reached a framework for implementation. So the idea is we are going to go back and speak to President Trump and make sure he approves it. They're gonna go back and speak to President Xi and make sure he approves it.And if that is approved, we will ...

ANNA: GOOD MORNING FROM LONDON I'M ANNA EDWARDS ALONGSIDE GUY JOHNSON. WHERE AN HOUR AWAY FROM THE OPENING TRADE. DAY TWO U.S.-CHINA TRADE TALKS RESUME IN LONDON WITH OFFICIAL SOUNDING OPTIMISTIC ON THE OUTCOME.WE ARE LIVE FROM LANCASTER HOUSE WHERE DISCUSSIONS ARE TAKING PLACE. UNREST, OR WASHINGTON SINCE HUNDREDS OF MARINES TO LOS ANGELES IN RESPONSE TO PROTESTS. CALIFORNIA'S GOVERNOR BECAUSE THE MINISTRATIONS ACTIONS RECKLESS.APPLE PLAYS CATCH UP, INVESTORS GIVE A LUKEWARM RESPONSE IS THE ANNUAL DEVELOPE ...

Market Trends & Trade Talks - Trade talks between the U S and China are ongoing, with the aim of easing tensions over technology and rare earth elements shipments [8] - Optimism surrounds Chinese shares, with Hong Kong and China markets up approximately 20% from April lows, fueled by a tech revival [5] - Markets are pricing in optimism about trade deals, but the quality, type, and size of the deals remain uncertain [31] Monetary Policy & Economic Data - The Bank of Japan (BOJ) Governor's comments on inflation are perceived as dovish by some, influencing dollar-yen trading [6] - The market is closely watching the 30-year bond auction to gauge demand and its potential impact on policy decisions [3, 32] - The Bank of England is forecast to cut fewer than two additional times this year, leading markets to readjust their views [25] Company News & Developments - Apple unveiled a software redesign but investors showed lukewarm response due to a lack of AI developments, with the stock ending the day down 1 2% [2, 27, 89] - Barclays is preparing to cut over 200 investment banking jobs to invest in priority areas like rates, equity derivatives, and product trading [40] - TSMC's year-to-date sales increased by 42 6% in Taiwanese dollars, with monthly sales up around 40% [46] Geopolitical Risks - The Trump administration sent hundreds of marines to Los Angeles in response to protests, escalating tensions with California's governor [1, 14] - Russia launched nearly 500 drones in a sweeping attack on Kyiv and Odessa, underscoring continued conflict and stalled peace talks [48, 49] - Iran's inventory of close to weaponry-grade uranium is at record levels, growing by 50% in the last three months, raising concerns from the nuclear watchdog [54] Alternative Investments - Bitcoin is gaining, nearing record highs of around 111,000 dollars per coin, driven by regulatory changes and risk-on sentiment [3, 85, 86]

June 6, 2025 02:10 PM GMT Asia/Pacific Weekly Preview | Asia Pacific M Update China's Inflation to Soften; Softer Australia Business Sentiment Key Takeaways Australia China India • CPI: CPI to slow in YOY terms but to rise sequentially due to higher food prices. Japan • GDP 2nd Preliminary: Slight downward revision in real capex. Upward revision to public investment. Real GDP growth at -0.8% QoQ SAAR. Morgan Stanley Asia (Singapore) Pte.+ Derrick Y Kam Asia Economist Derrick.Kam@morganstanley.com +65 6834-8 ...

This is Horizons Middle East and Africa. Now top stories this morning. The US and China are ready to resume trade talks in London today, but the flow of rare earth minerals set to be a key focus.Clashes between law enforcement and demonstrators in Los Angeles over anti deportation protests are escalating. President Trump's deployment of the National Guard and flames residents with Governor Newsom requesting the White House pull the troops out. And Bloomberg learns the matter is in talks to invest in start u ...

V i e w p o i n t | 29 May 2025 09:33:57 ET │ 10 pages US Economics Final private domestic demand softer in second release of Q1 GDP CITI'S TAKE The second release of Q1 GDP still shows a modest contraction in growth (- 0.2% compared to -0.3% initially) due to a surge in imports before tariffs. Final private domestic demand rose 2.5%, still much stronger than the overall GDP figure. But if anything, revisions to final private domestic demand suggests softer underlying demand than previously. Consumption, pa ...