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‘Stupid’: Trump rejects Iran response to US peace proposal

Donald ⁠Trump says the ceasefire with Iran is “on life support,” after dismissing Tehran’s response to ⁠a US peace proposal as “stupid.” The US president’s swift rejection of Iran’s response on Sunday has fuelled concerns that ⁠the 10-week-old conflict will drag on, and continue to paralyse shipping through the Stra…

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live Trump: ‘I think China is going to be OK’ with status quo over Taiwan

Follow along with the latest updates on the Trump administration Friday, as President Trump departed China after a whirlwind high-stakes summit with President Xi Jinping.

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Key Events This Week: CPI, PPI, Retail Sales, Trump-Xi Summit

As DB's Jim Reid tallies overnight, it has now been 73 days since the war in Iran began, with the past 32 marked by a stalemate characterized by a mix of truce and ongoing ceasefire. The absence of any meaningful kinetic activity for over a month suggests a firm US preference for reaching a deal. However, a counterp…

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Futures Flat, Oil Jumps After Iran Peace Talks Break Down

US equity futures are off a touch as the US/IranIran failed to consummate a deal, which is boosting Energy commodities and bond yields. Still, stocks have withstood the resulting increase in oil prices and higher bond yields as the market remains focused on the memory/semi stock bubble. As of 8:00am ET, S&P and Nasd…

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