- Lutnick says he prefers "across-the-board" applied to countries rather than aiming at specific sectors or products
- "We can use tariffs to create reciprocity, fairness and respect," he said
- Canada is treating US farmers 'horribly'
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Argentina's Merval soars 22%, peso up 10% on election win & $20B US aid. Risks remain, but reforms may attract investment.
Argentina bonds +13%, stocks +22%, peso +4% on election win. Reforms back on track, US backing secured.
Dow Transports +1.35%, Industrials +0.72%, Nasdaq +1.86%. SOX leaps 2.74%! Nikkei up 2.46%.
September’s CPI may be the last inflation report this year as the U.S. government shutdown disrupts data collection. The Fed could head into its next meetings without up-to-date figures, complicating policy decisions.
China and Germany downplayed tensions after German Foreign Minister Johann Wadephul cancelled a planned Beijing visit amid friction over trade curbs and Russia. Both sides stressed dialogue and the importance of maintaining strong economic ties.
World stocks hit new highs on trade optimism; Argentina surges 20%+ on election win. Watch for US-China deal déjà vu.
ETHZ jumps 14% as meme stock influencer pushes buybacks; trades at 70% NAV. CEO confirms $40M share repurchase.
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