Bloomberg reports that China is open to talks with the U.S. if President Trump shows respect, appoints a clear point person, reins in his cabinet, and engages consistently—also emphasizing that discussions must address issues like Taiwan and sanctions.
While the headline triggered a brief risk-on move in markets due to optimism for U.S.-China resolution, the content largely reiterates China's long-standing position. Despite the initial reaction, EURUSD slightly decreased after the news, although it remains up 0.78% on the day. Equity indices also saw a modest rebound following the report.
Daily summary: Dollar rebounds on hawkish cut expectations, equities turn red (08.12.2025)
COFFEE dips 2% on new production estimates and delayed EU regulation βοΈ π
US OPEN: Stable start of a Fed week π¦ Trump flags antitrust concerns on Netflix-Warner (08.12.2025)
π’οΈOil Prices Dip 1%