China finance minister signals more proactive fiscal support amid rising uncertainty

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China will ramp up fiscal support to bolster domestic consumption and manage growing economic headwinds, Finance Minister Lan Fo’an said in remarks on Tuesday. Acknowledging that uncertainty around China’s development environment is increasing, Lan pledged that Beijing will adopt more proactive fiscal policies to help stabilise growth. Key policy priorities include promoting a healthier property … Read more

Starbucks, Visa, Booking Holdings to report earnings after the close

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After the close, Starbucks, Visa, and booking holdings will announce their earnings. The following is expected: Starbucks (SBUX) Q3 2025: EPS $0.96, Revenue $9.29B. Shares are trading $92.61 Visa (V) Q3 2025: EPS $2.41, Revenue $8.65B. Shares are trading $351.03 Booking Holdings (BKNG) Q2 2025: EPS $39.79, Revenue $5.97B. Shares are trading at $5609. This … Read more

Crude oil runs higher on threat of sanctions on Russian oil

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President Trump has warned that sanctions targeting Russian oil could take effect in just 10 days. He’s threatening steep tariffs on countries that continue buying Russian oil, signaling that the rates won’t be low. The possibility of removing Russian supply from global markets has pushed crude oil prices higher. Technically: Crude moved back above its … Read more

Germany reportedly readies military order 8500 armored vehicles

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Germany is reportedly readying a military order for 8500 armored vehicles. This is according to Bloomberg news. Germany is committing 100 billion euros to a special fund for its armed forces, raising its defense spending above 2 percent of GDP. I wonder if some will be US-manufactured defense to keep tariff rates lower? Trump has … Read more

The second day of talks between the US and China have ended. Agreed to extend trade truce

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The second day of the talks between the US and China have ended. According the China spokesperson: China and US talks were candid and indepth, constructive discussions. China/US teams continued to make use of trade consultation mechanism Two sides realized importance of maintaining a healthy, stable relations Had comprehensive, in-depth exchanges of macroeconomics. We reviewed … Read more

NASDAQ continues its move higher. New intraday highs

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The Dow industrial average is trading above and below unchanged after declining yesterday. That index has yet to reach a new record high in 2025 (the high price was reached on December 4). Both the S&P and the NASDAQ indices have not had trouble reaching highs. Both have reached new intraday record highs in the … Read more