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Global Markets React to Geopolitical Shifts, US Fiscal Standoff, and Energy Outlook
Stock Market Newsยท 2025-10-21 07:38
Key TakeawaysECB's Lane highlighted the difficulties faced by Euro area banks in relying on their USD-denominated liquid assets amidst a sell-off in US Treasury securities and a weakening dollar during recent tariff turmoil.A significant geopolitical shift sees Ukraine's President Zelenskiy and European leaders jointly supporting President Trump's call for an immediate ceasefire in the conflict and using the current line of contact as the basis for negotiations.China has set its 2026 crude oil import quota ...