iSAM Expands UK Presence with Move to New London Headquarters

USD weakness continues, declining against all of its Group-of-10 peers. The S&P 500 and European stocks slipped 0.1%, but markets remain near their year-to-date highs, despite ongoing tariff turbulence.

US President Trump and Chinese President Xi agreed on Thursday to continue trade talks aimed at resolving disputes over tariffs and supplies of rare earth minerals. They held a 90-minute call yesterday, during which Trump acknowledged that the trade relationship with China is “a little off track,” but added that they are “in very good shape” for a trade deal.

President Trump said his call with Russian President Putin was “a good conversation, but not a conversation that will lead to immediate peace,” following the Ukraine drone attack over the weekend—the most significant blow of the war to date against Moscow’s long-range bomber fleet.