Breaking news: Risky assets jump as US and China agree to phase out tariffs

The United States and China have reportedly agreed to lift tariffs in phases, according to Bloomberg citing a Chinese Ministry of Commerce spokesman. The amount of tariff relief that would come in the first phase, set to be signed in the coming weeks, would depend on the content of that agreement, Bloomberg adds. This headline is driving riskier assets higher with USDJPY jumping 30 pips or so, NZDUSD erasing its earlier losses and DAX futures soaring.

19 October 2026, 12:23

Market Wrap: Rebound in China and Falling Oil Prices, France Leads EU Declines

19 October 2026, 10:48

Chart of the Day: What’s next for tech stocks after the deepest sell-off since April 2025? (19.10.2026)

19 October 2026, 10:08

Optimism Returns to Asia❔

19 October 2026, 09:02

Economic Calendar: Big tech earnings week and test for the AI rally (19.10.2026)

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